Independence Plan, Poplar WoodsLanesvilleIN47136
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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 Lanesville at Independence Plan, Poplar Woods, Lanesville, IN, 47136 with 5% annual appreciation on a $479,900 basis while $3,505/mo rent supports operations. Total monthly income totals $3,505/mo and a $2,349/mo payment preserves $603/mo for cash returns. Annual cash flow comes to $7,237/yr on $159,087 deployed, and return on cash invested reaches 24.46% in year one. Equity gained on principal adds $3,097/yr, and five-year appreciation sums $132,588 alongside rental yield of 8.76%. Five-year ROI measures 127.08% and total cumulative return in cash totals $202,161.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,505/mo property income versus a $2,349/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
N/A lot
$N/A/sqft
$21 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47136, Lanesville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,034 (100%) |
| Owner Occupied HU | 1,721 (84.6%) |
| Renter Occupied HU | 227 (11.2%) |
| Vacant Housing Units | 86 ( 4.2%) |
| Median Home Value | $304,545 |
| Average Home Value | $341,761 |
Housing Distribution
Address Breakdown
Residential
1,889
Single Family
1,889
Multi-Family
0
Businesses
69
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Listed by: N/A • Schuler Homes
Mls Name: Schuler Homes
Mls Provider:
Mls ID: #N/A