1239 13th St,Tell City,IN,47586

Investment Highlights

Investment property for sale in Tell City at 1239 13th St, Tell City, IN, 47586 offers a 9.18% rental yield on a $139,900 purchase with $1,070/mo rent. Total monthly income registers $1,070/mo, and a $685/mo payment leaves $230/mo available for distribution. Annual cash flow reaches $2,759/yr on $46,377 to close, and return on cash invested stands at 25.86% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,652 over five years. Portfolio math shows five-year ROI at 134.48% and total cumulative return in cash at $62,367. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,070/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.