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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Charlestown at 3008 Hawks Landing Drive, Charlestown, IN, 47111 with 5% annual appreciation on a $424,900 basis while $3,481/mo rent supports operations. Total monthly income totals $3,481/mo and a $2,080/mo payment preserves $930/mo for cash returns. Annual cash flow comes to $11,161/yr on $140,854 deployed, and return on cash invested reaches 27.83% in year one. Equity gained on principal adds $2,742/yr, and five-year appreciation sums $117,392 alongside rental yield of 9.83%. Five-year ROI measures 145.12% and total cumulative return in cash totals $204,405.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,481/mo property income versus a $2,080/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2017
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47111, Charlestown, IN area.
| 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 |
Residential
7,775
Single Family
7,524
Multi-Family
251
Businesses
336
Date | Event | Price |
|---|---|---|
| 2025-03-13 | Listed for sale | $424,900 |
| 2021-02-07 | Listing removed | N/A |
| 2021-01-20 | Listed for sale | $314,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Heather Robinson • Green Tree Real Estate Services
Mls Name: SIRA
Mls Provider:
Mls ID: #202506408
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.
