129 Broadmoor AvenueCharlestownIN47111
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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 Charlestown at 129 Broadmoor Avenue, Charlestown, IN, 47111 with 5% annual appreciation on a $214,750 basis while $1,838/mo rent supports operations. Total monthly income totals $1,838/mo and a $1,051/mo payment preserves $549/mo for cash returns. Annual cash flow comes to $6,588/yr on $71,190 deployed, and return on cash invested reaches 29.16% in year one. Equity gained on principal adds $1,386/yr, and five-year appreciation sums $59,331 alongside rental yield of 10.27%. Five-year ROI measures 152.21% and total cumulative return in cash totals $108,355.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,838/mo property income versus a $1,051/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1994
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47111, Charlestown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,557 (100%) |
| Owner Occupied HU | 5,646 (74.7%) |
| Renter Occupied HU | 1,388 (18.4%) |
| Vacant Housing Units | 523 ( 6.9%) |
| Median Home Value | $285,076 |
| Average Home Value | $316,322 |
Housing Distribution
Address Breakdown
Residential
7,775
Single Family
7,524
Multi-Family
251
Businesses
336
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Listed by: Jimmie R Cash • Southern Realty
Mls Name: SIRA
Mls ID: #2025012295