7818 Butt Rd EWoodburnIN46797
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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 Woodburn at 7818 Butt Rd E, Woodburn, IN, 46797 earns from $3,312/mo rent with a $8,565/mo payment. Total monthly income totals $3,312/mo. ROI tracks 5.15% on current figures, and rental yield reads 2.27% at a $1,750,000 purchase. Equity gained on principal adds $11,292/yr, and 5% annual appreciation supports $483,493 over five years. Five-year ROI reaches 23.34% and total cumulative return in cash sums $132,321. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,312/mo property income instead of your personal income.
Single Family
Built in 1992
42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46797, Woodburn, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,519 (100%) |
| Owner Occupied HU | 1,218 (80.2%) |
| Renter Occupied HU | 222 (14.6%) |
| Vacant Housing Units | 79 ( 5.2%) |
| Median Home Value | $276,336 |
| Average Home Value | $325,562 |
Housing Distribution
Address Breakdown
Residential
1,327
Single Family
1,295
Multi-Family
32
Businesses
78
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Listed by: Todd Stock • RE/MAX Results
Mls Name: IRMLS
Mls Provider:
Mls ID: #202438765
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.