Hanna Dr #OIB8ZOMartinsvilleIN46151
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Martinsville at Hanna Dr #OIB8ZO, Martinsville, IN, 46151 at $339,300 posts ROI 33.94% with $1,315/mo cash flow from $3,352/mo rent. Total monthly income equals $3,352/mo, and annual cash flow records $15,779/yr on $112,478 to close. Return on cash invested measures 33.94% and rental yield reads 11.85% at the current $339,300. Equity gained on principal adds $2,189/yr, and 5% annual appreciation supports $93,742 by year five. Five-year ROI prints 177.81% and total cumulative return in cash totals $199,994.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,352/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46151, Martinsville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,840 (100%) |
| Owner Occupied HU | 10,004 (72.3%) |
| Renter Occupied HU | 2,981 (21.5%) |
| Vacant Housing Units | 855 ( 6.2%) |
| Median Home Value | $262,165 |
| Average Home Value | $300,956 |
Housing Distribution
Address Breakdown
Residential
13,100
Single Family
12,777
Multi-Family
323
Businesses
747
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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