12632 S State Road 71, Clinton, IN, 47842 | 4.71% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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12632 S State Road 71, Clinton, IN, 47842 | 4.71% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Clinton at 12632 S State Road 71, Clinton, IN, 47842 listed at $260,000 pairs $1,020/mo rent with a $1,273/mo payment. Total monthly income runs $1,020/mo. Return on cash invested measures 12.37% in year one, and rental yield registers 4.71% at a $260,000 basis. Equity gained on principal adds $1,678/yr, and annual property appreciation at 5% supports $71,833 by year five. Five-year ROI tracks 62.2% and total cumulative return in cash totals $53,609. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,020/mo property income relative to a $1,273/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1922

0.74 Acres lot

$N/A/sqft

No HOA

More details about the property

You will want to make this beautifully renovated colonial style home yours. Welcome to this 4 bedroom 2 full bath immaculate home situated on just under 3/4 of an acre with a 2 car detached garage and new privacy fence. The home has a beautiful front porch to view the sunsets and wildlife along with a side deck to entertain on. Step into the foyer that showcases the wood stairway and also has 2 closets for ample storage. The flow of this home is spectacular and so inviting with a living room that contains a bay window, on into the formal dining room with fireplace. From there you can enter either the kitchen or the "den/bonus room" which leads to the downstairs bathroom, the sliding glass door to the side deck or the kitchen. Did I mention kitchen? This kitchen is stunning and efficient for all your needs. Lots of cabinets for storage, alluring quartz counters and an exquisite backsplash for that luxury feel. Don't miss out on this opportunity.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47842, Clinton, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,693 (100%)
Owner Occupied HU	3,055 (65.1%)
Renter Occupied HU	1,185 (25.3%)
Vacant Housing Units	453 ( 9.7%)
Median Home Value	$118,074
Average Home Value	$145,853