245 S Gospel StreetPaoliIN47454
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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 Paoli at 245 S Gospel Street, Paoli, IN, 47454 offers $1,396/mo rent that, after a $977/mo payment, leaves $198/mo cash flow. Total monthly income is $1,396/mo, and annual cash flow is $2,372/yr on $66,201 cash. Return on cash invested measures 23.49% in year one, and rental yield stands at 8.39% at a $199,700 entry. Equity gained on principal adds $1,289/yr while 5% annual appreciation compounds into $55,173 by year five. Five-year ROI records 121.83% and total cumulative return in cash reaches $80,650. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,396/mo property income versus a $977/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1920
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47454, Paoli, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,470 (100%) |
| Owner Occupied HU | 2,307 (66.5%) |
| Renter Occupied HU | 724 (20.9%) |
| Vacant Housing Units | 439 (12.7%) |
| Median Home Value | $166,919 |
| Average Home Value | $200,277 |
Housing Distribution
Address Breakdown
Residential
3,247
Single Family
3,200
Multi-Family
47
Businesses
297
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