968 E 550 NCrawfordsvilleIN47933
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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
Rental property for sale in Crawfordsville at 968 E 550 N, Crawfordsville, IN, 47933 generates $1,466/mo in rent and, after a $876/mo payment, leaves $392/mo in cash flow. Total monthly income is $1,466/mo, and annual cash flow is $4,701/yr on $59,305 invested. Return on cash invested sits at 27.84% in year one, and rental yield is 9.83% on a $178,900 entry. Equity gained on principal adds $1,154/yr, while 5% annual appreciation builds toward $49,427 over five years. Five-year ROI reaches 145.09% and total cumulative return in cash sums $86,047. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,466/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47933, Crawfordsville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,504 (100%) |
| Owner Occupied HU | 8,390 (67.1%) |
| Renter Occupied HU | 3,256 (26.0%) |
| Vacant Housing Units | 858 ( 6.9%) |
| Median Home Value | $205,895 |
| Average Home Value | $235,208 |
Housing Distribution
Address Breakdown
Residential
11,876
Single Family
11,241
Multi-Family
635
Businesses
1,018
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Listed by: Christina Deer • Deer & Co. Realty Group LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22080142