1616 12th St,Tell City,IN,47586

Investment Highlights

Investment property for sale in Tell City at 1616 12th St, Tell City, IN, 47586 offers a 9.01% rental yield on a $115,000 purchase with $863/mo rent. Total monthly income registers $863/mo, and a $563/mo payment leaves $173/mo available for distribution. Annual cash flow reaches $2,070/yr on $38,123 to close, and return on cash invested stands at 25.34% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Portfolio math shows five-year ROI at 131.76% and total cumulative return in cash at $50,229. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $863/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.