2111 Fulton DriveCharlestownIN47111
Nearby investment properties with comparable rents
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
Investment property for sale in Charlestown at 2111 Fulton Drive, Charlestown, IN, 47111 listed at $162,000 pairs $1,825/mo rent with a $793/mo payment to leave $852/mo cash flow. Total monthly income runs $1,825/mo, and annual cash flow reaches $10,229/yr on $53,703 cash to close. Return on cash invested measures 38.96% in year one, and rental yield registers 13.52% at a $162,000 basis. Equity gained on principal adds $1,045/yr, and annual property appreciation at 5% supports $44,758 by year five. Five-year ROI tracks 204.78% and total cumulative return in cash totals $109,973. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,825/mo property income relative to a $793/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
0.41 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chris West • RE/MAX FIRST
Mls Name: SIRA
Mls Provider:
Mls ID: #2023010393
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.