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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Charlestown at 226 Drive-In Court, Charlestown, IN, 47111 priced at $284,900 pairs $1,920/mo rent with $210/mo cash flow after a $1,394/mo payment. Total monthly income equals $1,920/mo, and annual cash flow comes to $2,523/yr on $94,444 invested. Return on cash invested is 22.58% in year one, and rental yield stands at 8.09% on a $284,900 basis. Equity gained on principal adds $1,838/yr, and 5% annual appreciation accumulates to $78,713 by year five. Five-year ROI measures 116.96% and total cumulative return in cash reaches $110,459. For financing, Ziffy Mortgage’s DSCR program evaluates $1,920/mo property income against a $1,394/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47111, Charlestown, IN area.
| 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 |
Residential
7,775
Single Family
7,524
Multi-Family
251
Businesses
336
Date | Event | Price |
|---|---|---|
| 2025-04-18 | Listed for sale | $284,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Detra Daugherty • Lopp Real Estate Brokers
Mls Name: SIRA
Mls Provider:
Mls ID: #202507417
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.
