1233 11th StTell CityIN47586
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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 Tell City at 1233 11th St, Tell City, IN, 47586 offers a 9.62% rental yield on a $129,900 purchase with $1,041/mo rent. Total monthly income registers $1,041/mo, and a $636/mo payment leaves $261/mo available for distribution. Annual cash flow reaches $3,132/yr on $43,062 to close, and return on cash invested stands at 27.18% in year one. Equity gained on principal adds $838/yr while 5% annual appreciation supports $35,889 over five years. Portfolio math shows five-year ROI at 141.72% and total cumulative return in cash at $61,027. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,041/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1942
5,662 sqft lot
$N/A/sqft
No HOA
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Listed by: Kristie A Kirsch • SOLID GOLD REALTY, INC.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202535491
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