211 Clark RoadCharlestownIN47111
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Nearby investment properties with comparable prices
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
Rental property for sale in Charlestown at 211 Clark Road, Charlestown, IN, 47111 offers $2,119/mo rent that, after a $967/mo payment, leaves $933/mo cash flow. Total monthly income is $2,119/mo, and annual cash flow is $11,196/yr on $65,504 cash. Return on cash invested measures 37% in year one, and rental yield stands at 12.87% at a $197,600 entry. Equity gained on principal adds $1,275/yr while 5% annual appreciation compounds into $54,593 by year five. Five-year ROI records 194.24% and total cumulative return in cash reaches $127,234. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,119/mo property income versus a $967/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
6,551 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
7,775
Single Family
7,524
Multi-Family
251
Businesses
336
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Listed by: Ashton Guthrie • Guthrie Realty Services LLC
Mls Name: SIRA
Mls Provider:
Mls ID: #202505743
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.