9920 Highway 8KnoxIN46534
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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 Knox at 9920 Highway 8, Knox, IN, 46534 uses $91,461 cash to close to unlock $10,935/yr annual cash flow and $911/mo monthly cash flow. Total monthly income runs $2,567/mo, and a $1,350/mo payment keeps the spread at $911/mo. Purchase price stands at $275,900, and rental yield measures 11.16% with $2,567/mo rent. Return on cash invested shows 31.86% in year one, and 5% annual appreciation builds toward $76,226 over five years. Five-year ROI reaches 166.75% and total cumulative return in cash records $152,513. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,567/mo property income covering a $1,350/mo payment rather than investor’s personal income.
Single Family
Built in 1953
9.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46534, Knox, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,643 (100%) |
| Owner Occupied HU | 3,568 (63.2%) |
| Renter Occupied HU | 906 (16.1%) |
| Vacant Housing Units | 1,169 (20.7%) |
| Median Home Value | $184,604 |
| Average Home Value | $238,561 |
Housing Distribution
Address Breakdown
Residential
5,029
Single Family
4,940
Multi-Family
89
Businesses
335
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