8970 N County Road 500 WMiddletownIN47356
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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 Middletown at 8970 N County Road 500 W, Middletown, IN, 47356 generates $1,439/mo in rent and, after a $901/mo payment, leaves $334/mo in cash flow. Total monthly income is $1,439/mo, and annual cash flow is $4,009/yr on $60,996 invested. Return on cash invested sits at 26.48% in year one, and rental yield is 9.38% on a $184,000 entry. Equity gained on principal adds $1,187/yr, while 5% annual appreciation builds toward $50,836 over five years. Five-year ROI reaches 137.89% and total cumulative return in cash sums $84,109. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,439/mo property income rather than buyer’s personal income.
Manufactured
Built in 1996
0.90 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Hilary Casstevens • Epique Inc
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22041387
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