9169 W Us Highway 36ModocIN47358
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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 Modoc at 9169 W Us Highway 36, Modoc, IN, 47358 uses $72,565 cash to close to unlock $3,245/yr annual cash flow and $270/mo monthly cash flow. Total monthly income runs $1,584/mo, and a $1,071/mo payment keeps the spread at $270/mo. Purchase price stands at $218,900, and rental yield measures 8.68% with $1,584/mo rent. Return on cash invested shows 24.38% in year one, and 5% annual appreciation builds toward $60,478 over five years. Five-year ROI reaches 126.61% and total cumulative return in cash records $91,874. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,584/mo property income covering a $1,071/mo payment rather than investor’s personal income.
Single Family
Built in 1959
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47358, Modoc, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 402 (100%) |
| Owner Occupied HU | 296 (73.6%) |
| Renter Occupied HU | 60 (14.9%) |
| Vacant Housing Units | 46 (11.4%) |
| Median Home Value | $203,125 |
| Average Home Value | $242,373 |
Housing Distribution
Address Breakdown
Residential
314
Single Family
314
Multi-Family
0
Businesses
18
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