732 Margaret AveRising SunIN47040
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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 Rising Sun at 732 Margaret Ave, Rising Sun, IN, 47040 priced at $149,900 converts $1,198/mo rent into $298/mo cash flow after a $734/mo obligation. Total monthly income equals $1,198/mo, and annual cash flow totals $3,574/yr on $49,692 invested. Return on cash invested prints 27.1% in year one, and rental yield reads 9.59% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. Five-year ROI reaches 141.17% and total cumulative return in cash sums $70,151. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,198/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1971
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47040, Rising Sun, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,432 (100%) |
| Owner Occupied HU | 1,598 (65.7%) |
| Renter Occupied HU | 576 (23.7%) |
| Vacant Housing Units | 258 (10.6%) |
| Median Home Value | $199,459 |
| Average Home Value | $255,566 |
Housing Distribution
Address Breakdown
Residential
2,305
Single Family
2,135
Multi-Family
170
Businesses
126
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Listed by: Brad Wells • Lohmiller Real Estate
Mls Name: SEIBR
Mls ID: #206108