108 N Elm StreetClarksvilleIN47129
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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 Clarksville at 108 N Elm Street, Clarksville, IN, 47129 offers $1,606/mo rent that, after a $1,297/mo payment, leaves $15/mo cash flow. Total monthly income is $1,606/mo, and annual cash flow is $183/yr on $87,848 cash. Return on cash invested measures 20.12% in year one, and rental yield stands at 7.27% at a $265,000 entry. Equity gained on principal adds $1,710/yr while 5% annual appreciation compounds into $73,215 by year five. Five-year ROI records 103.75% and total cumulative return in cash reaches $91,143. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,606/mo property income versus a $1,297/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47129, Clarksville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,788 (100%) |
| Owner Occupied HU | 4,747 (48.5%) |
| Renter Occupied HU | 4,093 (41.8%) |
| Vacant Housing Units | 948 ( 9.7%) |
| Median Home Value | $189,797 |
| Average Home Value | $217,139 |
Housing Distribution
Address Breakdown
Residential
9,317
Single Family
7,483
Multi-Family
1,834
Businesses
931
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Listed by: Julie Dulaney • Real Estate Unlimited
Mls Name: SIRA
Mls Provider:
Mls ID: #202506832
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.