107 E 14th StClay CityIN47841
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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 Clay City at 107 E 14th St, Clay City, IN, 47841 earns from $1,559/mo rent with a $1,689/mo payment. Total monthly income totals $1,559/mo. ROI tracks 14.53% on current figures, and rental yield reads 5.42% at a $345,000 purchase. Equity gained on principal adds $2,226/yr, and 5% annual appreciation supports $95,317 over five years. Five-year ROI reaches 73.78% and total cumulative return in cash sums $84,376. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,559/mo property income instead of your personal income.
Single Family
Built in 2013
2.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47841, Clay City, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 994 (100%) |
| Owner Occupied HU | 681 (68.5%) |
| Renter Occupied HU | 204 (20.5%) |
| Vacant Housing Units | 109 (11.0%) |
| Median Home Value | $126,894 |
| Average Home Value | $147,559 |
Housing Distribution
Address Breakdown
Residential
951
Single Family
951
Multi-Family
0
Businesses
70
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