8055 E State Road 427HamiltonIN46742
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hamilton at 8055 E State Road 427, Hamilton, IN, 46742 offers a 9.32% rental yield on a $245,700 purchase with $1,908/mo rent. Total monthly income registers $1,908/mo, and a $1,203/mo payment leaves $433/mo available for distribution. Annual cash flow reaches $5,192/yr on $81,450 to close, and return on cash invested stands at 26.28% in year one. Equity gained on principal adds $1,585/yr while 5% annual appreciation supports $67,882 over five years. Portfolio math shows five-year ROI at 136.79% and total cumulative return in cash at $111,412. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,908/mo property income against a $1,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1850
1.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46742, Hamilton, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,165 (100%) |
| Owner Occupied HU | 1,271 (58.7%) |
| Renter Occupied HU | 197 ( 9.1%) |
| Vacant Housing Units | 697 (32.2%) |
| Median Home Value | $357,713 |
| Average Home Value | $393,855 |
Housing Distribution
Address Breakdown
Residential
1,527
Single Family
1,527
Multi-Family
0
Businesses
82
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices