771 E Phillips RoadEnglishIN47118
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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 English at 771 E Phillips Road, English, IN, 47118 at $369,000 posts ROI 9.93% with from $1,198/mo rent. Total monthly income equals $1,198/mo. Return on cash invested measures 9.93% and rental yield reads 3.9% at the current $369,000. Equity gained on principal adds $2,381/yr, and 5% annual appreciation supports $101,948 by year five. Five-year ROI prints 49.13% and total cumulative return in cash totals $60,099. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,198/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1986
41.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47118, English, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,777 (100%) |
| Owner Occupied HU | 1,171 (65.9%) |
| Renter Occupied HU | 278 (15.6%) |
| Vacant Housing Units | 328 (18.5%) |
| Median Home Value | $155,271 |
| Average Home Value | $190,722 |
Housing Distribution
Address Breakdown
Residential
1,484
Single Family
1,484
Multi-Family
0
Businesses
100
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