9659 State Hwy #67BrucevilleIN47516
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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 Bruceville at 9659 State Hwy #67, Bruceville, IN, 47516 uses $46,377 cash to close to unlock $4,691/yr annual cash flow and $391/mo monthly cash flow. Total monthly income runs $1,231/mo, and a $685/mo payment keeps the spread at $391/mo. Purchase price stands at $139,900, and rental yield measures 10.56% with $1,231/mo rent. Return on cash invested shows 30.02% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 156.86% and total cumulative return in cash records $72,747. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,231/mo property income covering a $685/mo payment rather than investor’s personal income.
Manufactured
Built in 2013
1.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47516, Bruceville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 538 (100%) |
| Owner Occupied HU | 427 (79.4%) |
| Renter Occupied HU | 71 (13.2%) |
| Vacant Housing Units | 40 ( 7.4%) |
| Median Home Value | $209,848 |
| Average Home Value | $226,212 |
Housing Distribution
Address Breakdown
Residential
425
Single Family
425
Multi-Family
0
Businesses
17
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Listed by: Kristi Ritz • KNOX COUNTY REALTY, LLC
Mls Name: IRMLS
Mls ID: #202527251