7526 E Riverside DriveMadisonIN47250
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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 Madison at 7526 E Riverside Drive, Madison, IN, 47250 uses $119,307 cash to close to unlock $5,257/yr annual cash flow and $438/mo monthly cash flow. Total monthly income runs $2,599/mo, and a $1,762/mo payment keeps the spread at $438/mo. Purchase price stands at $359,900, and rental yield measures 8.67% with $2,599/mo rent. Return on cash invested shows 24.32% in year one, and 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 126.26% and total cumulative return in cash records $150,638. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,599/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in 1974
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47250, Madison, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,256 (100%) |
| Owner Occupied HU | 6,609 (64.4%) |
| Renter Occupied HU | 2,671 (26.0%) |
| Vacant Housing Units | 976 ( 9.5%) |
| Median Home Value | $232,661 |
| Average Home Value | $249,506 |
Housing Distribution
Address Breakdown
Residential
9,501
Single Family
9,288
Multi-Family
213
Businesses
902
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