807 W Pike StVevayIN47043
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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
Rental property for sale in Vevay at 807 W Pike St, Vevay, IN, 47043 priced at $147,500 pairs $1,117/mo rent with $232/mo cash flow after a $722/mo payment. Total monthly income equals $1,117/mo, and annual cash flow comes to $2,778/yr on $48,896 invested. Return on cash invested is 25.59% in year one, and rental yield stands at 9.09% on a $147,500 basis. Equity gained on principal adds $952/yr, and 5% annual appreciation accumulates to $40,752 by year five. Five-year ROI measures 133.12% and total cumulative return in cash reaches $65,089. For financing, Ziffy Mortgage’s DSCR program evaluates $1,117/mo property income against a $722/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
6,098 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
2,316
Single Family
2,218
Multi-Family
98
Businesses
163
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