7414 E Pilot Knob RoadMilltownIN47145
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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 Milltown at 7414 E Pilot Knob Road, Milltown, IN, 47145 earns from $2,264/mo rent with a $2,716/mo payment. Total monthly income totals $2,264/mo. ROI tracks 13.05% on current figures, and rental yield reads 4.9% at a $555,000 purchase. Equity gained on principal adds $3,581/yr, and 5% annual appreciation supports $153,336 over five years. Five-year ROI reaches 65.76% and total cumulative return in cash sums $120,068. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,264/mo property income instead of your personal income.
Single Family
Built in 1998
49.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47145, Milltown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 916 (100%) |
| Owner Occupied HU | 670 (73.1%) |
| Renter Occupied HU | 113 (12.3%) |
| Vacant Housing Units | 133 (14.5%) |
| Median Home Value | $191,667 |
| Average Home Value | $232,172 |
Housing Distribution
Address Breakdown
Residential
850
Single Family
850
Multi-Family
0
Businesses
28
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