160 Lazy River Pl, Cloverdale, IN, 46120 | $220/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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160 Lazy River Pl, Cloverdale, IN, 46120 | $220/mo Cash Flow | 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

Rental property for sale in Cloverdale at 160 Lazy River Pl, Cloverdale, IN, 46120 priced at $258,999 converts $1,775/mo rent into $220/mo cash flow after a $1,268/mo obligation. Total monthly income equals $1,775/mo, and annual cash flow totals $2,639/yr on $85,858 invested. Return on cash invested prints 22.98% in year one, and rental yield reads 8.22% against a $258,999 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation compiles into $71,557 by year five. Five-year ROI reaches 119.07% and total cumulative return in cash sums $102,231. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,775/mo property income covering a $1,268/mo payment, not borrower’s personal income.

Single Family

Built in 2025

7,405 sqft lot

$N/A/sqft

No HOA

More details about the property

Sleek. Stylish. WILL be Move-In Ready, it's still under construction, BUT don't let that stop you, your Brand-New Dream Home Awaits so mark your calendar and grab some tape - this home is aiming for an August 15th grand debut. Your fresh start is just around the corner! Step into modern comfort and timeless design with this gorgeous new 3 bed, 2 bath home offering 1,493 square feet of beautifully finished living space. Every detail has been thoughtfully upgraded to blend style, function, and personality. The exterior makes a bold first impression with onyx black siding and shingles, accented by crisp white vinyl trim. Once you step inside you'll be greeted with beautiful LVP flooring, and brand new soft carpet in the bedrooms-creating a perfect balance of warmth and sophistication. At the center of the home, the kitchen delivers serious wow factor, timberwolf hardwood cabinets, typhoon Ice countertops, arctic white ceramic backsplash, grand island with open shelving, deep drawers, and Edison-style lighting, stainless steel appliance package and garbage disposal, perfect for prepping game-day snacks, hosting friends or family, this kitchen will be the true heart of the home. Additional features include, upgraded arched top nickel interior doors spacious 36" wide doorways, central air conditioning for year-round comfort .This home isn't just move-in ready-it's lifestyle-ready. Whether you're hosting a dinner party or enjoying a quiet night in, every room has been designed to make you feel right at home. Don't miss your chance to own this one-of-a-kind new build with top-tier finishes. Schedule your tour today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 46120, Cloverdale, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,766 (100%)
Owner Occupied HU	2,044 (73.9%)
Renter Occupied HU	506 (18.3%)
Vacant Housing Units	216 ( 7.8%)
Median Home Value	$200,155
Average Home Value	$230,073