7645 E Monroe StDuggerIN47848
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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 Dugger at 7645 E Monroe St, Dugger, IN, 47848 uses $40,178 cash to close to unlock $7,760/yr annual cash flow and $647/mo monthly cash flow. Total monthly income runs $1,374/mo, and a $593/mo payment keeps the spread at $647/mo. Purchase price stands at $121,200, and rental yield measures 13.6% with $1,374/mo rent. Return on cash invested shows 39.22% in year one, and 5% annual appreciation builds toward $33,485 over five years. Five-year ROI reaches 206.2% and total cumulative return in cash records $82,848. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,374/mo property income covering a $593/mo payment rather than investor’s personal income.
Single Family
Built in 1930
3.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47848, Dugger, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 767 (100%) |
| Owner Occupied HU | 489 (63.8%) |
| Renter Occupied HU | 103 (13.4%) |
| Vacant Housing Units | 175 (22.8%) |
| Median Home Value | $205,469 |
| Average Home Value | $248,257 |
Housing Distribution
Address Breakdown
Residential
543
Single Family
543
Multi-Family
0
Businesses
31
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