7736 State Road 129, Vevay, IN, 47043 | 3.19% Rental Yield

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7736 State Road 129, Vevay, IN, 47043 | 3.19% Rental Yield | 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 Vevay at 7736 State Road 129, Vevay, IN, 47043 listed at $337,500 pairs $896/mo rent with a $1,652/mo payment. Total monthly income runs $896/mo. Return on cash invested measures 7.79% in year one, and rental yield registers 3.19% at a $337,500 basis. Equity gained on principal adds $2,178/yr, and annual property appreciation at 5% supports $93,245 by year five. Five-year ROI tracks 37.58% and total cumulative return in cash totals $42,049. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $896/mo property income relative to a $1,652/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1869

10.13 Acres lot

$N/A/sqft

No HOA

More details about the property

It's our pleasure to present this historic brick 2 story home/mini farm on SR 129 Vevay, IN. Originally constructed in 1869, this home has been re-bricked and is standing straight & prominently on 10 gorgeous acres. Modern kitchen w/newer stainless appliances, patio doors to covered tiled patio, beautiful formal dining room, wood flooring throughout most of the home. The beautiful entry and staircase splits off either a master bedroom or double parlour on the main floor from the living, dining, kitchen, full bath & laundry room. New gas furnace, tasteful window treatments, fireplaces (electric logs/gel fuel lots), 11' deep window sills, upper floor offers 2 lg. bedrooms, (one with sitting room) & a full bath. Open sided pole barn, animal barn w/small pasture area. Run-in shed & corn crib. This is a perfect mini farm with pasture for animals, barns & a few acres to rent out. The current owner wants you to make this the home of your dreams.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47043, Vevay, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,458 (100%)
Owner Occupied HU	1,489 (60.6%)
Renter Occupied HU	640 (26.0%)
Vacant Housing Units	329 (13.4%)
Median Home Value	$227,024
Average Home Value	$260,406