913 Springville Judah RdSpringvilleIN47462
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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 Springville at 913 Springville Judah Rd, Springville, IN, 47462 uses $36,833 cash to close to unlock $4,690/yr annual cash flow and $391/mo monthly cash flow. Total monthly income runs $1,058/mo, and a $544/mo payment keeps the spread at $391/mo. Purchase price stands at $111,111, and rental yield measures 11.43% with $1,058/mo rent. Return on cash invested shows 32.64% in year one, and 5% annual appreciation builds toward $30,698 over five years. Five-year ROI reaches 170.88% and total cumulative return in cash records $62,940. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,058/mo property income covering a $544/mo payment rather than investor’s personal income.
Single Family
Built in 1997
14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47462, Springville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,250 (100%) |
| Owner Occupied HU | 1,864 (82.8%) |
| Renter Occupied HU | 230 (10.2%) |
| Vacant Housing Units | 156 ( 6.9%) |
| Median Home Value | $254,428 |
| Average Home Value | $300,248 |
Housing Distribution
Address Breakdown
Residential
2,018
Single Family
2,018
Multi-Family
0
Businesses
47
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Listed by: Cody Coffey • United Country Coffey Realty & Auction
Mls Name: IRMLS
Mls Provider:
Mls ID: #202527983
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.