821 N First StreetAustinIN47102
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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 Austin at 821 N First Street, Austin, IN, 47102 with 5% annual appreciation on a $159,900 basis while $1,273/mo rent supports operations. Total monthly income totals $1,273/mo and a $783/mo payment preserves $313/mo for cash returns. Annual cash flow comes to $3,753/yr on $53,007 deployed, and return on cash invested reaches 26.99% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,177 alongside rental yield of 9.55%. Five-year ROI measures 140.6% and total cumulative return in cash totals $74,526.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,273/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2025
7,187 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47102, Austin, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,141 (100%) |
| Owner Occupied HU | 1,881 (59.9%) |
| Renter Occupied HU | 992 (31.6%) |
| Vacant Housing Units | 268 ( 8.5%) |
| Median Home Value | $160,398 |
| Average Home Value | $189,765 |
Housing Distribution
Address Breakdown
Residential
2,824
Single Family
2,824
Multi-Family
0
Businesses
121
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Listed by: Trevor McIntosh • McIntosh & Co Real Estate
Mls Name: SIRA
Mls Provider:
Mls ID: #202507629
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.