7904 S State Road 129VersaillesIN47042
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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 Versailles at 7904 S State Road 129, Versailles, IN, 47042 offers a 3.72% rental yield on a $742,500 purchase with $2,302/mo rent. 47% in year one. Equity gained on principal adds $4,791/yr while 5% annual appreciation supports $205,139 over five years. Portfolio math shows five-year ROI at 46.62% and total cumulative return in cash at $113,895. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,302/mo property income against a $3,634/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
10.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47042, Versailles, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,997 (100%) |
| Owner Occupied HU | 1,258 (63.0%) |
| Renter Occupied HU | 542 (27.1%) |
| Vacant Housing Units | 197 ( 9.9%) |
| Median Home Value | $192,586 |
| Average Home Value | $228,027 |
Housing Distribution
Address Breakdown
Residential
1,809
Single Family
1,661
Multi-Family
148
Businesses
173
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Listed by: Sandra Pickett • Meisberger And Associates
Mls Name: SEIBR
Mls ID: #206306