8534 W Market StMeromIN47861
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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 Merom at 8534 W Market St, Merom, IN, 47861 with 5% annual appreciation on a $261,200 basis while $1,734/mo rent supports operations. Total monthly income totals $1,734/mo and a $1,278/mo payment preserves $167/mo for cash returns. Annual cash flow comes to $1,998/yr on $86,588 deployed, and return on cash invested reaches 22.22% in year one. Equity gained on principal adds $1,685/yr, and five-year appreciation sums $72,165 alongside rental yield of 7.97%. Five-year ROI measures 115.01% and total cumulative return in cash totals $99,586.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,734/mo property income versus a $1,278/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1967
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47861, Merom, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 254 (100%) |
| Owner Occupied HU | 189 (74.4%) |
| Renter Occupied HU | 25 ( 9.8%) |
| Vacant Housing Units | 40 (15.7%) |
| Median Home Value | $212,778 |
| Average Home Value | $215,714 |
Housing Distribution
Address Breakdown
Residential
175
Single Family
175
Multi-Family
0
Businesses
9
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