8914 S State Road 129Cross PlainsIN47017
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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 Cross Plains at 8914 S State Road 129, Cross Plains, IN, 47017 listed at $219,900 pairs $1,196/mo rent with a $1,076/mo payment. Total monthly income runs $1,196/mo. Return on cash invested measures 17.87% in year one, and rental yield registers 6.53% at a $219,900 basis. Equity gained on principal adds $1,419/yr, and annual property appreciation at 5% supports $60,754 by year five. Five-year ROI tracks 91.71% and total cumulative return in cash totals $66,856. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,196/mo property income relative to a $1,076/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47017, Cross Plains, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 287 (100%) |
| Owner Occupied HU | 225 (78.4%) |
| Renter Occupied HU | 33 (11.5%) |
| Vacant Housing Units | 29 (10.1%) |
| Median Home Value | $228,214 |
| Average Home Value | $242,067 |
Housing Distribution
Address Breakdown
Residential
242
Single Family
242
Multi-Family
0
Businesses
11
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Listed by: Ashley Bolser • Lohmiller Real Estate
Mls Name: SEIBR
Mls ID: #205575
Disclaimer: Copyright Southeastern Indiana Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.