252 River Rd WCharlestownIN47111
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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
Investment property for sale in Charlestown at 252 River Rd W, Charlestown, IN, 47111 listed at $316,700 pairs $2,136/mo rent with a $1,550/mo payment to leave $235/mo cash flow. Total monthly income runs $2,136/mo, and annual cash flow reaches $2,820/yr on $104,986 cash to close. Return on cash invested measures 22.59% in year one, and rental yield registers 8.09% at a $316,700 basis. Equity gained on principal adds $2,044/yr, and annual property appreciation at 5% supports $87,498 by year five. Five-year ROI tracks 116.99% and total cumulative return in cash totals $122,819. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,136/mo property income relative to a $1,550/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47111, Charlestown, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
7,775
Single Family
7,524
Multi-Family
251
Businesses
336
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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