128 Blue Side WayCloverdaleIN46120
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Cloverdale at 128 Blue Side Way, Cloverdale, IN, 46120 at $136,844 posts ROI 23.57% with $138/mo cash flow from $960/mo rent. Total monthly income equals $960/mo, and annual cash flow records $1,660/yr on $45,364 to close. Return on cash invested measures 23.57% and rental yield reads 8.42% at the current $136,844. Equity gained on principal adds $883/yr, and 5% annual appreciation supports $37,807 by year five. Five-year ROI prints 122.3% and total cumulative return in cash totals $55,479.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $960/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46120, Cloverdale, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,766 (100%) |
| Owner Occupied HU | 2,044 (73.9%) |
| Renter Occupied HU | 506 (18.3%) |
| Vacant Housing Units | 216 ( 7.8%) |
| Median Home Value | $200,155 |
| Average Home Value | $230,073 |
Housing Distribution
Address Breakdown
Residential
2,414
Single Family
2,414
Multi-Family
0
Businesses
184
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Listed by: Daphne Rutenberg • Little Pig Real Estate LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22041191