2054 Harmony Lane, Charlestown, IN, 47111 | $395/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2054 Harmony Lane, Charlestown, IN, 47111 | $395/mo Cash Flow | Ziffy

For Sale

Fix & Flip

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 Charlestown at 2054 Harmony Lane, Charlestown, IN, 47111 earns $395/mo cash flow from $1,920/mo rent with a $1,243/mo payment. Total monthly income totals $1,920/mo, and annual cash flow totals $4,746/yr on $84,201 capital. ROI tracks 25.55% on current figures, and rental yield reads 9.07% at a $254,000 purchase. Equity gained on principal adds $1,639/yr, and 5% annual appreciation supports $70,176 over five years. Five-year ROI reaches 132.85% and total cumulative return in cash sums $111,858. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,920/mo property income instead of your personal income.

Single Family

Built in 2022

4,051 sqft lot

$N/A/sqft

No HOA

More details about the property

BACK ON THE MARKET! Don't miss your chance to own this charming 3 bedroom, 2 bathroom Cottage Home offering convenient one-level living in a desirable patio-style neighborhood. The open floor plan features luxury vinyl plank flooring throughout, a stylish kitchen with white cabinetry, granite countertops, and thoughtful updates that make this home move-in ready. Over the past three years, the seller has added numerous upgrades including soft-close drawers and cabinets throughout, additional cabinetry above the washer and dryer with under cabinet lighting, an open pantry with custom wood shelving, a custom tile shower with built-in seats and a rain shower head, and shiplap accents in the dining room. The primary suite features a striking accent wall and custom closets, while the oversized primary bathroom offers its own shiplap detail. A two car attached garage with rear entry includes custom shelving that will remain with the home. Outside, enjoy a private fenced yard with a patio ideal for entertaining or grilling, while an attic with storage space adds extra convenience. Perfectly located just minutes from Hwy 62, schools, shopping, and restaurants in the heart of Charlestown, this Cottage Home combines modern updates with everyday charm. Not only is it priced to sell, but it also qualifies for 100% USDA financing!

Neighborhood Data

Neighborhood data shown for ZIP Code: 47111, Charlestown, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,557 (100%)
Owner Occupied HU	5,646 (74.7%)
Renter Occupied HU	1,388 (18.4%)
Vacant Housing Units	523 ( 6.9%)
Median Home Value	$285,076
Average Home Value	$316,322