106 E Vincennes StCarlisleIN47838
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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
Rental property for sale in Carlisle at 106 E Vincennes St, Carlisle, IN, 47838 generates $1,924/mo in rent and, after a $534/mo payment, leaves $1,260/mo in cash flow. Total monthly income is $1,924/mo, and annual cash flow is $15,121/yr on $36,134 invested. Return on cash invested sits at 61.76% in year one, and rental yield is 21.18% on a $109,000 entry. Equity gained on principal adds $703/yr, while 5% annual appreciation builds toward $30,115 over five years. Five-year ROI reaches 327.25% and total cumulative return in cash sums $118,246. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,924/mo property income rather than buyer’s personal income.
Manufactured
Built in 2017
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47838, Carlisle, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 928 (100%) |
| Owner Occupied HU | 629 (67.8%) |
| Renter Occupied HU | 168 (18.1%) |
| Vacant Housing Units | 131 (14.1%) |
| Median Home Value | $133,125 |
| Average Home Value | $193,217 |
Housing Distribution
Address Breakdown
Residential
751
Single Family
751
Multi-Family
0
Businesses
53
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Listed by: Robert E Hunley • Hunley Real Estate, Inc.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202516040
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.