8151 S County Road 325 EMarengoIN47140
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 Marengo at 8151 S County Road 325 E, Marengo, IN, 47140 offers a 9.5% rental yield on a $145,000 purchase with $1,148/mo rent. Total monthly income registers $1,148/mo, and a $710/mo payment leaves $277/mo available for distribution. Annual cash flow reaches $3,327/yr on $48,068 to close, and return on cash invested stands at 26.83% in year one. Equity gained on principal adds $936/yr while 5% annual appreciation supports $40,061 over five years. Portfolio math shows five-year ROI at 139.8% and total cumulative return in cash at $67,196. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,148/mo property income against a $710/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47140, Marengo, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,184 (100%) |
| Owner Occupied HU | 788 (66.6%) |
| Renter Occupied HU | 263 (22.2%) |
| Vacant Housing Units | 133 (11.2%) |
| Median Home Value | $151,606 |
| Average Home Value | $163,011 |
Housing Distribution
Address Breakdown
Residential
1,180
Single Family
1,179
Multi-Family
1
Businesses
72
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Natasha Johns • Williams Carpenter Realtors
Mls Name: IRMLS
Mls Provider:
Mls ID: #202515046
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.