751 Cassidy Ln, Mitchell, IN, 47446 | $526/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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751 Cassidy Ln, Mitchell, IN, 47446 | $526/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Mitchell at 751 Cassidy Ln, Mitchell, IN, 47446 listed at $225,000 pairs $1,876/mo rent with a $1,101/mo payment to leave $526/mo cash flow. Total monthly income runs $1,876/mo, and annual cash flow reaches $6,307/yr on $74,588 cash to close. Return on cash invested measures 28.37% in year one, and rental yield registers 10.01% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 147.98% and total cumulative return in cash totals $110,373. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,876/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1997

1.02 Acres lot

$N/A/sqft

No HOA

More details about the property

CHARMING. VERSATILE. COMFORTABLE. Welcome home to this beautiful THREE bedroom, TWO bathroom ranch sitting on 1 acre featuring a 2-car attached garage, offering the perfect blend of comfort and convenience. Step inside to a bright and spacious living room filled with natural light, which flows seamlessly into the family room and kitchen. The kitchen provides easy access to the attached garage and laundry space, while just off the entryway you will find a dining area. A hallway leads to the private primary suite, two additional bedrooms, and a full guest bath. From the family room, step out onto the back deck and enjoy a spacious backyard with plenty of room for kids to play, a firepit for cozy evenings, and a utility shed for extra storage, all with a beautiful view. This home comes complete with a one-year HSA home warranty with a buyer seven-star upgrade and may also qualify for 100% USDA financing. Recent updates include a new vapor barrier and spray foam insulation in the crawl space, blown-in attic insulation, new concrete driveway sections, updated back door, dishwasher, and underground drain lines for rain gutters. Utilities available are Daviss/Martin REMC, Premier Propane, S Lawrence Water, and Frontier Communications. With its spacious layout, thoughtful updates, and beautiful outdoor setting, this home is ready to welcome its next owners.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47446, Mitchell, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,285 (100%)
Owner Occupied HU	3,046 (71.1%)
Renter Occupied HU	767 (17.9%)
Vacant Housing Units	472 (11.0%)
Median Home Value	$180,587
Average Home Value	$220,742