8444 N Red Hill Rd, Ellettsville, IN, 47429 | $216/mo Cash Flow

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8444 N Red Hill Rd, Ellettsville, IN, 47429 | $216/mo Cash Flow | Ziffy

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Ellettsville at 8444 N Red Hill Rd, Ellettsville, IN, 47429 earns $216/mo cash flow from $3,511/mo rent with a $2,687/mo payment. Total monthly income totals $3,511/mo, and annual cash flow totals $2,586/yr on $180,621 capital. ROI tracks 21.49% on current figures, and rental yield reads 7.67% at a $549,000 purchase. Equity gained on principal adds $3,543/yr, and 5% annual appreciation supports $151,679 over five years. Five-year ROI reaches 111.06% and total cumulative return in cash sums $200,600. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,511/mo property income instead of your personal income.

Manufactured

Built in 2005

7 Acres lot

$N/A/sqft

No HOA

More details about the property

Private Retreat on 7.5 Wooded Acres with Creek, Trails & Pole Barn Discover the perfect blend of privacy, comfort, and functionality with this 4-bedroom, 3-bath home situated on 7.5 wooded acres. Enjoy the tranquility of mature trees, a peaceful creek, and your own private walking trailplus spacious front and back decks ideal for entertaining or relaxing in nature. Inside, the home features walnut hardwood flooring in the main living areas and newer carpet in the bedrooms. The kitchen comes equipped with stainless steel appliances, including a brand-new refrigerator. Recent updates include a new furnace, heat pump, upgraded water line, energy-efficient double-pane windows, and access to high-speed fiber internet. A durable metal roof offers lasting protection and low maintenance. The driveway is paved, the crawl space is sealed, and the decks were recently stained. The 2-car garage is extra deep, offering space for a home gym or workshop. A standout feature is the large, insulated, and heated pole barnperfect for storage, hobbies, or recreational vehicles. It boasts a concrete floor, 14 ceilings, 12 doors, workbench, 110v power throughout, and a 220v outlet. This beautifully maintained property offers a unique combination of space, natural beauty, and modern upgradesjust waiting to welcome you home.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47429, Ellettsville, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,306 (100%)
Owner Occupied HU	2,560 (77.4%)
Renter Occupied HU	615 (18.6%)
Vacant Housing Units	131 ( 4.0%)
Median Home Value	$281,209
Average Home Value	$306,251