920 Country Lake RoadUnderwoodIN47177
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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 Underwood at 920 Country Lake Road, Underwood, IN, 47177 earns $689/mo cash flow from $2,639/mo rent with a $1,590/mo payment. Total monthly income totals $2,639/mo, and annual cash flow totals $8,267/yr on $107,704 capital. ROI tracks 27.58% on current figures, and rental yield reads 9.75% at a $324,900 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,764 over five years. Five-year ROI reaches 143.74% and total cumulative return in cash sums $154,817. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,639/mo property income instead of your personal income.
Single Family
Built in 1997
4.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47177, Underwood, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 606 (100%) |
| Owner Occupied HU | 491 (81.0%) |
| Renter Occupied HU | 68 (11.2%) |
| Vacant Housing Units | 47 ( 7.8%) |
| Median Home Value | $259,052 |
| Average Home Value | $293,513 |
Housing Distribution
Address Breakdown
Residential
591
Single Family
591
Multi-Family
0
Businesses
15
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