7486 S Pleasant StScotlandIN47457
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Scotland at 7486 S Pleasant St, Scotland, IN, 47457 generates $1,084/mo in rent and, after a $832/mo payment, leaves $64/mo in cash flow. Total monthly income is $1,084/mo, and annual cash flow is $764/yr on $56,322 invested. Return on cash invested sits at 21.27% in year one, and rental yield is 7.66% on a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 109.9% and total cumulative return in cash sums $61,898. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,084/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47457, Scotland, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11 (100%) |
| Owner Occupied HU | 7 (63.6%) |
| Renter Occupied HU | 1 ( 9.1%) |
| Vacant Housing Units | 3 (27.3%) |
| Median Home Value | $218,750 |
| Average Home Value | $210,714 |
Housing Distribution
Address Breakdown
Residential
17
Single Family
17
Multi-Family
0
Businesses
5
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Risa Dyar • Risa Dyar Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202523827
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.