206 Sheri DrGeorgetownIN47122
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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 Georgetown at 206 Sheri Dr, Georgetown, IN, 47122 uses $103,892 cash to close to unlock $7,688/yr annual cash flow and $641/mo monthly cash flow. Total monthly income runs $2,522/mo, and a $1,534/mo payment keeps the spread at $641/mo. Purchase price stands at $313,400, and rental yield measures 9.66% with $2,522/mo rent. Return on cash invested shows 27.31% in year one, and 5% annual appreciation builds toward $86,587 over five years. Five-year ROI reaches 142.29% and total cumulative return in cash records $147,823. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,522/mo property income covering a $1,534/mo payment rather than investor’s personal income.
Single Family
Built in 1987
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47122, Georgetown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,539 (100%) |
| Owner Occupied HU | 3,927 (86.5%) |
| Renter Occupied HU | 451 ( 9.9%) |
| Vacant Housing Units | 161 ( 3.5%) |
| Median Home Value | $317,873 |
| Average Home Value | $358,790 |
Housing Distribution
Address Breakdown
Residential
4,505
Single Family
4,481
Multi-Family
24
Businesses
186
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