1561 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
Rental property for sale in Lawrenceburg at 1561 Fairway Dr, Lawrenceburg, IN, 47025 generates $2,725/mo in rent and, after a $1,468/mo payment, leaves $925/mo in cash flow. Total monthly income is $2,725/mo, and annual cash flow is $11,095/yr on $99,417 invested. Return on cash invested sits at 31.07% in year one, and rental yield is 10.9% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 162.45% and total cumulative return in cash sums $161,500. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,725/mo property income rather than buyer’s personal income.
Condo
Built in 1996
7,405 sqft 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: David Hartman • Keller Williams Realty Service
Mls Name: SEIBR
Mls ID: #204648
Disclaimer: Copyright Southeastern Indiana Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.