9162 W Old Road 30Etna GreenIN46524
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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 Etna Green at 9162 W Old Road 30, Etna Green, IN, 46524 offers a 7.66% rental yield on a $255,000 purchase with $1,628/mo rent. Total monthly income registers $1,628/mo, and a $1,248/mo payment leaves $97/mo available for distribution. Annual cash flow reaches $1,168/yr on $84,533 to close, and return on cash invested stands at 21.29% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,452 over five years. Portfolio math shows five-year ROI at 110.04% and total cumulative return in cash at $93,020. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,628/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
1.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46524, Etna Green, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 685 (100%) |
| Owner Occupied HU | 547 (79.9%) |
| Renter Occupied HU | 84 (12.3%) |
| Vacant Housing Units | 54 ( 7.9%) |
| Median Home Value | $270,095 |
| Average Home Value | $308,263 |
Housing Distribution
Address Breakdown
Residential
669
Single Family
669
Multi-Family
0
Businesses
29
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Listed by: Carolyn Crooks • Keller Williams Thrive South
Mls Name: IRMLS
Mls Provider:
Mls ID: #202522758
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.