847 N 12th StElwoodIN46036
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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 Elwood at 847 N 12th St, Elwood, IN, 46036 earns $764/mo cash flow from $1,898/mo rent with a $925/mo payment. Total monthly income totals $1,898/mo, and annual cash flow totals $9,162/yr on $62,654 capital. ROI tracks 34.53% on current figures, and rental yield reads 12.05% at a $189,000 purchase. Equity gained on principal adds $1,220/yr, and 5% annual appreciation supports $52,217 over five years. Five-year ROI reaches 181.03% and total cumulative return in cash sums $113,422. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,898/mo property income instead of your personal income.
Single Family
Built in 1945
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46036, Elwood, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,548 (100%) |
| Owner Occupied HU | 3,484 (62.8%) |
| Renter Occupied HU | 1,409 (25.4%) |
| Vacant Housing Units | 655 (11.8%) |
| Median Home Value | $163,312 |
| Average Home Value | $204,644 |
Housing Distribution
Address Breakdown
Residential
5,172
Single Family
4,951
Multi-Family
221
Businesses
314
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Listed by: Josh Murdock • Murdock Real Estate Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202500082
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.