727 W Third, Madison, IN, 47250 | $766/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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727 W Third, Madison, IN, 47250 | $766/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Madison at 727 W Third, Madison, IN, 47250 at $459,000 posts ROI 25.95% with $766/mo cash flow from $3,522/mo rent. Total monthly income equals $3,522/mo, and annual cash flow records $9,195/yr on $152,159 to close. Return on cash invested measures 25.95% and rental yield reads 9.21% at the current $459,000. Equity gained on principal adds $2,962/yr, and 5% annual appreciation supports $126,813 by year five. Five-year ROI prints 135.02% and total cumulative return in cash totals $205,451.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,522/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Multi Family

Built in 1840

0.50 Acres lot

$N/A/sqft

No HOA

More details about the property

OPPORTUNITY at a scale an investor can appreciate. If you are wanting rental investments, why not acquire 7 units? Madison has maintained rentals in this classic set of tri-plexes for 150+ years, and the owners of this property have made necessary updates, but want to let YOU carry this one forward. If you are seeking funds toward rehabbing the buildings, at this location there are two separate parcels, and therefore you could receive two grants. There is potential for historic contributions on the grounds of this property being a part of the Underground Railroad. The history is alleged, and at this time the listing agent does not have documentation of this history. The sale of this Real Estate is to be AS-IS, but buyers are welcome to thorough inspections.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47250, Madison, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,256 (100%)
Owner Occupied HU	6,609 (64.4%)
Renter Occupied HU	2,671 (26.0%)
Vacant Housing Units	976 ( 9.5%)
Median Home Value	$232,661
Average Home Value	$249,506