1505 Riviera Dr, Lawrenceburg, IN, 47025 | 7.06% Rental Yield

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1505 Riviera Dr, Lawrenceburg, IN, 47025 | 7.06% 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 Lawrenceburg at 1505 Riviera Dr, Lawrenceburg, IN, 47025 listed at $224,500 pairs $1,320/mo rent with a $1,099/mo payment. Total monthly income runs $1,320/mo. Return on cash invested measures 19.46% in year one, and rental yield registers 7.06% at a $224,500 basis. Equity gained on principal adds $1,449/yr, and annual property appreciation at 5% supports $62,025 by year five. Five-year ROI tracks 100.26% and total cumulative return in cash totals $74,612. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,320/mo property income relative to a $1,099/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Townhouse

Built in 2021

N/A lot

$N/A/sqft

No HOA

More details about the property

Open House cancelled due to weather! Rescheduled for 12/21. Welcome Home! With $0 down and NO PMI! Don't miss out on this meticulously maintained 2 bed 2 bath condo in the stunning Riviera Community. This 2nd floor unit features an unbeatable open concept for the kitchen and living that walks out to a covered back deck with wooded views. Kitchen features white cabinets and SS appliances. Primary Suite includes a walk-in closet and attached full bathroom. Move in ready with maintenance free living. LOCATION cannot get better being minutes to HWY, grocery, restaurants, growing downtown Lawrenceburg and more!

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