1479 Fairway DrLawrenceburgIN47025
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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 Lawrenceburg at 1479 Fairway Dr, Lawrenceburg, IN, 47025 uses $81,184 cash to close to unlock $2,143/yr annual cash flow and $179/mo monthly cash flow. Total monthly income runs $1,649/mo, and a $1,199/mo payment keeps the spread at $179/mo. Purchase price stands at $244,900, and rental yield measures 8.08% with $1,649/mo rent. Return on cash invested shows 22.55% in year one, and 5% annual appreciation builds toward $67,661 over five years. Five-year ROI reaches 116.76% and total cumulative return in cash records $94,793. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,649/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47025, Lawrenceburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,701 (100%) |
| Owner Occupied HU | 7,176 (74.0%) |
| Renter Occupied HU | 2,042 (21.0%) |
| Vacant Housing Units | 483 ( 5.0%) |
| Median Home Value | $243,377 |
| Average Home Value | $273,536 |
Housing Distribution
Address Breakdown
Residential
9,428
Single Family
8,842
Multi-Family
586
Businesses
699
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Listed by: Steven Cromer • Cromer Realty
Mls Name: SEIBR
Mls ID: #204923