1400 S 8th StClintonIN47842
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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 Clinton at 1400 S 8th St, Clinton, IN, 47842 uses $33,813 cash to close to unlock $2,207/yr annual cash flow and $184/mo monthly cash flow. Total monthly income runs $796/mo, and a $499/mo payment keeps the spread at $184/mo. Purchase price stands at $102,000, and rental yield measures 9.36% with $796/mo rent. Return on cash invested shows 26.44% in year one, and 5% annual appreciation builds toward $28,181 over five years. Five-year ROI reaches 137.62% and total cumulative return in cash records $46,532. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $796/mo property income covering a $499/mo payment rather than investor’s personal income.
Single Family
Built in 1971
7,405 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
4,235
Single Family
4,065
Multi-Family
170
Businesses
254
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