10185 Cooks Mill RoadGeorgetownIN47122
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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 Georgetown at 10185 Cooks Mill Road, Georgetown, IN, 47122 uses $181,279 cash to close to unlock $3,064/yr annual cash flow and $255/mo monthly cash flow. Total monthly income runs $3,563/mo, and a $2,697/mo payment keeps the spread at $255/mo. Purchase price stands at $551,000, and rental yield measures 7.76% with $3,563/mo rent. Return on cash invested shows 21.75% in year one, and 5% annual appreciation builds toward $152,231 over five years. Five-year ROI reaches 112.45% and total cumulative return in cash records $203,856. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,563/mo property income covering a $2,697/mo payment rather than investor’s personal income.
Single Family
Built in 1978
1.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47122, Georgetown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,539 (100%) |
| Owner Occupied HU | 3,927 (86.5%) |
| Renter Occupied HU | 451 ( 9.9%) |
| Vacant Housing Units | 161 ( 3.5%) |
| Median Home Value | $317,873 |
| Average Home Value | $358,790 |
Housing Distribution
Address Breakdown
Residential
4,505
Single Family
4,481
Multi-Family
24
Businesses
186
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Listed by: Linda LaPilusa • Schuler Bauer Real Estate Services ERA Powered (N
Mls Name: SIRA
Mls Provider:
Mls ID: #202507899
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.