750 E State Road 56ScottsburgIN47170
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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 Scottsburg at 750 E State Road 56, Scottsburg, IN, 47170 earns $65/mo cash flow from $1,686/mo rent with a $1,322/mo payment. Total monthly income totals $1,686/mo, and annual cash flow totals $777/yr on $89,505 capital. ROI tracks 20.78% on current figures, and rental yield reads 7.49% at a $270,000 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 107.26% and total cumulative return in cash sums $96,001. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,686/mo property income instead of your personal income.
Single Family
Built in 1910
1.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47170, Scottsburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,833 (100%) |
| Owner Occupied HU | 4,256 (62.3%) |
| Renter Occupied HU | 1,960 (28.7%) |
| Vacant Housing Units | 617 ( 9.0%) |
| Median Home Value | $185,872 |
| Average Home Value | $216,799 |
Housing Distribution
Address Breakdown
Residential
6,473
Single Family
6,313
Multi-Family
160
Businesses
537
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Listed by: William Kramer • JPAR Aspire
Mls Name: SIRA
Mls Provider:
Mls ID: #202507655
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.