252 Hurst AveCloverdaleIN46120
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
Rental property for sale in Cloverdale at 252 Hurst Ave, Cloverdale, IN, 46120 offers $1,009/mo rent that, after a $651/mo payment, leaves $211/mo cash flow. Total monthly income is $1,009/mo, and annual cash flow is $2,527/yr on $44,089 cash. Return on cash invested measures 25.64% in year one, and rental yield stands at 9.1% at a $132,999 entry. Equity gained on principal adds $858/yr while 5% annual appreciation compounds into $36,745 by year five. Five-year ROI records 133.38% and total cumulative return in cash reaches $58,808. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,009/mo property income versus a $651/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46120, Cloverdale, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,766 (100%) |
| Owner Occupied HU | 2,044 (73.9%) |
| Renter Occupied HU | 506 (18.3%) |
| Vacant Housing Units | 216 ( 7.8%) |
| Median Home Value | $200,155 |
| Average Home Value | $230,073 |
Housing Distribution
Address Breakdown
Residential
2,414
Single Family
2,414
Multi-Family
0
Businesses
184
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: BECKI GROSS • GREENE REALTY LLC
Mls Name: THAAR
Mls ID: #108158