1888 Sierra Ln #9CLawrenceburgIN47060
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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 1888 Sierra Ln #9C, Lawrenceburg, IN, 47060 earns $118/mo cash flow from $2,279/mo rent with a $1,762/mo payment. Total monthly income totals $2,279/mo, and annual cash flow totals $1,417/yr on $119,307 capital. ROI tracks 21.1% on current figures, and rental yield reads 7.6% at a $359,900 purchase. Equity gained on principal adds $2,322/yr, and 5% annual appreciation supports $99,434 over five years. Five-year ROI reaches 109% and total cumulative return in cash sums $130,046. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,279/mo property income instead of your personal income.
Condo
Built in 2017
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47060, West Harrison, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,947 (100%) |
| Owner Occupied HU | 2,442 (82.9%) |
| Renter Occupied HU | 375 (12.7%) |
| Vacant Housing Units | 130 ( 4.4%) |
| Median Home Value | $316,798 |
| Average Home Value | $332,482 |
Housing Distribution
Address Breakdown
Residential
2,955
Single Family
2,897
Multi-Family
58
Businesses
113
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Listed by: F. Patrick Martini • Huff Realty Indiana
Mls Name: SEIBR
Mls ID: #204378
Disclaimer: Copyright Southeastern Indiana Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.