73 S Morris BlvdBargersvilleIN46106
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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
Investment property for sale in Bargersville at 73 S Morris Blvd, Bargersville, IN, 46106 uses $109,395 cash to close to unlock $7,923/yr annual cash flow and $660/mo monthly cash flow. Total monthly income runs $2,641/mo, and a $1,615/mo payment keeps the spread at $660/mo. Purchase price stands at $330,000, and rental yield measures 9.6% with $2,641/mo rent. Return on cash invested shows 27.15% in year one, and 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 141.46% and total cumulative return in cash records $154,751. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,641/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Single Family
Built in 2003
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46106, Bargersville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,989 (100%) |
| Owner Occupied HU | 3,155 (79.1%) |
| Renter Occupied HU | 661 (16.6%) |
| Vacant Housing Units | 173 ( 4.3%) |
| Median Home Value | $399,938 |
| Average Home Value | $520,540 |
Housing Distribution
Address Breakdown
Residential
3,749
Single Family
3,749
Multi-Family
0
Businesses
165
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Listed by: Andy Ludlow • eXp Realty, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22080961