10711 S State Road 157Coal CityIN47427
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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 Coal City at 10711 S State Road 157, Coal City, IN, 47427 uses $58,013 cash to close to unlock $3,660/yr annual cash flow and $305/mo monthly cash flow. Total monthly income runs $1,356/mo, and a $857/mo payment keeps the spread at $305/mo. Purchase price stands at $175,000, and rental yield measures 9.3% with $1,356/mo rent. Return on cash invested shows 26.22% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 136.51% and total cumulative return in cash records $79,195. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,356/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1950
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47427, Coal City, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 487 (100%) |
| Owner Occupied HU | 358 (73.5%) |
| Renter Occupied HU | 54 (11.1%) |
| Vacant Housing Units | 75 (15.4%) |
| Median Home Value | $188,889 |
| Average Home Value | $261,075 |
Housing Distribution
Address Breakdown
Residential
432
Single Family
432
Multi-Family
0
Businesses
7
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