9408 Lena Bower RoadMarysvilleIN47141
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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 Marysville at 9408 Lena Bower Road, Marysville, IN, 47141 uses $56,355 cash to close to unlock $18,055/yr annual cash flow and $1,505/mo monthly cash flow. Total monthly income runs $2,525/mo, and a $832/mo payment keeps the spread at $1,505/mo. Purchase price stands at $170,000, and rental yield measures 17.82% with $2,525/mo rent. Return on cash invested shows 51.95% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 274.43% and total cumulative return in cash records $154,653. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,525/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 2008
1.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47141, Marysville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 755 (100%) |
| Owner Occupied HU | 625 (82.8%) |
| Renter Occupied HU | 73 ( 9.7%) |
| Vacant Housing Units | 57 ( 7.5%) |
| Median Home Value | $263,377 |
| Average Home Value | $301,312 |
Housing Distribution
Address Breakdown
Residential
654
Single Family
654
Multi-Family
0
Businesses
3
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Listed by: Becca Potter • RE/MAX FIRST
Mls Name: SIRA
Mls Provider:
Mls ID: #202408594
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.