2225 S Old State Road 145French LickIN47432
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 French Lick at 2225 S Old State Road 145, French Lick, IN, 47432 earns $263/mo cash flow from $2,063/mo rent with a $1,468/mo payment. Total monthly income totals $2,063/mo, and annual cash flow totals $3,151/yr on $99,417 capital. ROI tracks 23.08% on current figures, and rental yield reads 8.25% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 119.6% and total cumulative return in cash sums $118,900. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,063/mo property income instead of your personal income.
Single Family
Built in 1965
5.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47432, French Lick, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,152 (100%) |
| Owner Occupied HU | 1,401 (65.1%) |
| Renter Occupied HU | 481 (22.4%) |
| Vacant Housing Units | 270 (12.5%) |
| Median Home Value | $171,228 |
| Average Home Value | $188,499 |
Housing Distribution
Address Breakdown
Residential
1,950
Single Family
1,872
Multi-Family
78
Businesses
142
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Natasha Johns • Williams Carpenter Realtors
Mls Name: IRMLS
Mls ID: #202524048