202 Doe Creek Dr, Cloverdale, IN, 46120 | 4.45% Rental Yield

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202 Doe Creek Dr, Cloverdale, IN, 46120 | 4.45% 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 Cloverdale at 202 Doe Creek Dr, Cloverdale, IN, 46120 at $259,000 posts ROI 11.59% with from $960/mo rent. Total monthly income equals $960/mo. Return on cash invested measures 11.59% and rental yield reads 4.45% at the current $259,000. Equity gained on principal adds $1,671/yr, and 5% annual appreciation supports $71,557 by year five. Five-year ROI prints 57.99% and total cumulative return in cash totals $49,792. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $960/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Manufactured

Built in 2025

1.46 Acres lot

$N/A/sqft

No HOA

More details about the property

Come see this new home on almost 1.5 acres! This brand new home offers 3 bedrooms 2 baths on a spacious lot with privacy. The living/kitchen area is the perfect open floor plan for all your entertaining needs and provides a flowing feel. The master bedroom offers a huge bathroom area with a spacious walk in closet. Enjoy all the conveniences of the country but close to all stores/restaurants in town and easy access to 70! Seller will add a deck to the back of the property prior to closing. Seller is willing to build a garage at an extra expense.

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