7062 Ora Pitts RdWilliamsburgIN47393
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Williamsburg at 7062 Ora Pitts Rd, Williamsburg, IN, 47393 generates $1,265/mo in rent, after a $1,125/mo payment. Total monthly income is $1,265/mo. Return on cash invested sits at 18.1% in year one, and rental yield is 6.6% on a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 92.96% and total cumulative return in cash sums $70,847. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,265/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
1.18 Acres lot
$N/A/sqft
No HOA
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Listed by: Elly Casebolt-Flanagan • Better Homes and Gardens First Realty Group
Mls Name: RLMS
Mls Provider:
Mls ID: #10050714
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