9293 N State Road 135FreetownIN47235
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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 Freetown at 9293 N State Road 135, Freetown, IN, 47235 listed at $130,000 pairs $985/mo rent with a $636/mo payment to leave $205/mo cash flow. Total monthly income runs $985/mo, and annual cash flow reaches $2,459/yr on $43,095 cash to close. Return on cash invested measures 25.61% in year one, and rental yield registers 9.09% at a $130,000 basis. Equity gained on principal adds $839/yr, and annual property appreciation at 5% supports $35,917 by year five. Five-year ROI tracks 133.16% and total cumulative return in cash totals $57,387. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $985/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1999
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47235, Freetown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 811 (100%) |
| Owner Occupied HU | 608 (75.0%) |
| Renter Occupied HU | 126 (15.5%) |
| Vacant Housing Units | 77 ( 9.5%) |
| Median Home Value | $308,290 |
| Average Home Value | $310,732 |
Housing Distribution
Address Breakdown
Residential
743
Single Family
743
Multi-Family
0
Businesses
22
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