2359 E State Road 163, Clinton, IN, 47842 | $251/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

2359 E State Road 163, Clinton, IN, 47842 | $251/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
1320 sft

602 Sunrise Ct, Paris, IL, 61944

2 Bed
1 Bath
1064 sft

1312 S Central Ave, Paris, IL, 61944

2 Bed
1 Bath
817 sft

720 S 7th St, West Terre Haute, IN, 47885

4 Bed
1 Bath
1700 sft

3852 Keegan Rd, West Terre Haute, IN, 47885

Nearby investment properties with comparable prices

3 Bed
2 Bath
1598 sft

6012 Reynolds Way Dr, Paris, IL, 61944

2 Bed
1 Bath
1192 sft

4849 W Sarah Myers Dr, West Terre Haute, IN, 47885

3 Bed
2 Bath
1296 sft

701 Marlon St, Marshall, IL, 62441

2 Bed
1 Bath
1192 sft

4849 W Sarah Myers Dr W, West Terre Haute, IN, 47885

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Clinton at 2359 E State Road 163, Clinton, IN, 47842 offers a 9.21% rental yield on a $149,900 purchase with $1,151/mo rent. Total monthly income registers $1,151/mo, and a $734/mo payment leaves $251/mo available for distribution. Annual cash flow reaches $3,010/yr on $49,692 to close, and return on cash invested stands at 25.97% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 135.09% and total cumulative return in cash at $67,127. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,151/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1900

2.11 Acres lot

$N/A/sqft

No HOA

More details about the property

Full of country charm, this older 2-bedroom, 1-bath home sits on 2.11 acres and includes a spacious pole barn. A screened-in porch adds to its appeal, offering a relaxing spot to enjoy the outdoors. Just minutes from town and everyday amenities, this property is ready for your personal touch!

Neighborhood Data

Neighborhood data shown for ZIP Code: 47842, Clinton, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,693 (100%)
Owner Occupied HU	3,055 (65.1%)
Renter Occupied HU	1,185 (25.3%)
Vacant Housing Units	453 ( 9.7%)
Median Home Value	$118,074
Average Home Value	$145,853