2990 Carleton Rd, Bristow, IN, 47515 | $78/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2990 Carleton Rd, Bristow, IN, 47515 | $78/mo Cash Flow | Ziffy

For Sale

Listed for sale 3 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Bristow at 2990 Carleton Rd, Bristow, IN, 47515 uses $75,914 cash to close to unlock $938/yr annual cash flow and $78/mo monthly cash flow. Total monthly income runs $1,453/mo, and a $1,121/mo payment keeps the spread at $78/mo. Purchase price stands at $229,000, and rental yield measures 7.61% with $1,453/mo rent. Return on cash invested shows 21.14% in year one, and 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 109.27% and total cumulative return in cash records $82,949. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,453/mo property income covering a $1,121/mo payment rather than investor’s personal income.

Single Family

Built in 1985

3 Acres lot

$N/A/sqft

No HOA

More details about the property

Nestled on 3 scenic acres in a desirable rural community, this 3-bedroom, 2-bath home offers tons of potential and an unbelievable view you have to see to appreciate. Enjoy the peace and privacy of country living while being located in a highly regarded school district. The property features both an attached garage and a detached garage, with the detached garage offering additional finished space ideal for an office, rec room, or hobby area. With room to grow, customize, and enjoy the outdoors, this home is perfect for those seeking space, flexibility, and long-term opportunity.