2840 E 1700 SClintonIN47842
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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 Clinton at 2840 E 1700 S, Clinton, IN, 47842 listed at $130,000 pairs $1,064/mo rent with a $636/mo payment to leave $284/mo cash flow. Total monthly income runs $1,064/mo, and annual cash flow reaches $3,407/yr on $43,095 cash to close. Return on cash invested measures 27.81% in year one, and rental yield registers 9.82% at a $130,000 basis. Equity gained on principal adds $839/yr, and annual property appreciation at 5% supports $35,917 by year five. Five-year ROI tracks 145% and total cumulative return in cash totals $62,487. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,064/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
1.70 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
4,235
Single Family
4,065
Multi-Family
170
Businesses
254
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