9123 S County Road 500 WLewisIN47858
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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 Lewis at 9123 S County Road 500 W, Lewis, IN, 47858 listed at $495,000 pairs $960/mo rent with a $2,423/mo payment. Total monthly income runs $960/mo. Return on cash invested measures 5.2% in year one, and rental yield registers 2.33% at a $495,000 basis. Equity gained on principal adds $3,194/yr, and annual property appreciation at 5% supports $136,759 by year five. Five-year ROI tracks 23.72% and total cumulative return in cash totals $38,926. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $960/mo property income relative to a $2,423/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
1.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47858, Lewis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 249 (100%) |
| Owner Occupied HU | 199 (79.9%) |
| Renter Occupied HU | 26 (10.4%) |
| Vacant Housing Units | 24 ( 9.6%) |
| Median Home Value | $161,719 |
| Average Home Value | $174,183 |
Housing Distribution
Address Breakdown
Residential
274
Single Family
274
Multi-Family
0
Businesses
6
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