(Undisclosed Address)ButlerIN46721
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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 Butler at (Undisclosed Address), Butler, IN, 46721 uses $54,698 cash to close to unlock $9,709/yr annual cash flow and $809/mo monthly cash flow. Total monthly income runs $1,800/mo, and a $808/mo payment keeps the spread at $809/mo. Purchase price stands at $165,000, and rental yield measures 13.09% with $1,800/mo rent. Return on cash invested shows 37.66% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 197.89% and total cumulative return in cash records $108,239. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,800/mo property income covering a $808/mo payment rather than investor’s personal income.
Multi Family
Built in 1880
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46721, Butler, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,020 (100%) |
| Owner Occupied HU | 1,438 (71.2%) |
| Renter Occupied HU | 465 (23.0%) |
| Vacant Housing Units | 117 ( 5.8%) |
| Median Home Value | $187,209 |
| Average Home Value | $231,507 |
Housing Distribution
Address Breakdown
Residential
1,931
Single Family
1,928
Multi-Family
3
Businesses
117
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Tsasha Hernandez • Century 21 Bradley-Kendallville
Mls Name: IRMLS
Mls Provider:
Mls ID: #202432197
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.