205 E Lewis StCarlisleIN47838
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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 Carlisle at 205 E Lewis St, Carlisle, IN, 47838 listed at $174,000 pairs $1,679/mo rent with a $852/mo payment to leave $634/mo cash flow. Total monthly income runs $1,679/mo, and annual cash flow reaches $7,610/yr on $57,681 cash to close. Return on cash invested measures 33.1% in year one, and rental yield registers 11.58% at a $174,000 basis. Equity gained on principal adds $1,123/yr, and annual property appreciation at 5% supports $48,073 by year five. Five-year ROI tracks 173.45% and total cumulative return in cash totals $100,049. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,679/mo property income relative to a $852/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47838, Carlisle, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 928 (100%) |
| Owner Occupied HU | 629 (67.8%) |
| Renter Occupied HU | 168 (18.1%) |
| Vacant Housing Units | 131 (14.1%) |
| Median Home Value | $133,125 |
| Average Home Value | $193,217 |
Housing Distribution
Address Breakdown
Residential
751
Single Family
751
Multi-Family
0
Businesses
53
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