8397 Alice WayBrookvilleIN47012
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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 Brookville at 8397 Alice Way, Brookville, IN, 47012 generates $990/mo in rent, after a $2,716/mo payment. Total monthly income is $990/mo. Return on cash invested sits at 4.67% in year one, and rental yield is 2.14% on a $554,900 entry. Equity gained on principal adds $3,581/yr, while 5% annual appreciation builds toward $153,309 over five years. Five-year ROI reaches 20.86% and total cumulative return in cash sums $38,076. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $990/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47012, Brookville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,598 (100%) |
| Owner Occupied HU | 3,236 (70.4%) |
| Renter Occupied HU | 882 (19.2%) |
| Vacant Housing Units | 480 (10.4%) |
| Median Home Value | $239,889 |
| Average Home Value | $302,078 |
Housing Distribution
Address Breakdown
Residential
4,204
Single Family
4,075
Multi-Family
129
Businesses
317
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Listed by: N/A • N/A
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