8457 E Us Highway 40FillmoreIN46128
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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 Fillmore at 8457 E Us Highway 40, Fillmore, IN, 46128 generates $1,020/mo in rent, after a $974/mo payment. Total monthly income is $1,020/mo. Return on cash invested sits at 16.73% in year one, and rental yield is 6.15% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 85.61% and total cumulative return in cash sums $56,478. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,020/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
1.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46128, Fillmore, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 738 (100%) |
| Owner Occupied HU | 599 (81.2%) |
| Renter Occupied HU | 102 (13.8%) |
| Vacant Housing Units | 37 ( 5.0%) |
| Median Home Value | $224,032 |
| Average Home Value | $272,291 |
Housing Distribution
Address Breakdown
Residential
835
Single Family
835
Multi-Family
0
Businesses
23
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