1009 Nowlin AveLawrenceburgIN47025
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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 Lawrenceburg at 1009 Nowlin Ave, Lawrenceburg, IN, 47025 earns $224/mo cash flow from $1,875/mo rent with a $1,346/mo payment. Total monthly income totals $1,875/mo, and annual cash flow totals $2,691/yr on $91,163 capital. ROI tracks 22.86% on current figures, and rental yield reads 8.18% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 118.48% and total cumulative return in cash sums $108,011. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,875/mo property income instead of your personal income.
Single Family
Built in 1959
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47025, Lawrenceburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,701 (100%) |
| Owner Occupied HU | 7,176 (74.0%) |
| Renter Occupied HU | 2,042 (21.0%) |
| Vacant Housing Units | 483 ( 5.0%) |
| Median Home Value | $243,377 |
| Average Home Value | $273,536 |
Housing Distribution
Address Breakdown
Residential
9,428
Single Family
8,842
Multi-Family
586
Businesses
699
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Listed by: Austin Shreve • Plum Tree Realty / Batesville
Mls Name: SEIBR
Mls ID: #206659