305 W Section StClaypoolIN46510
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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 Claypool at 305 W Section St, Claypool, IN, 46510 uses $38,089 cash to close to unlock $2,456/yr annual cash flow and $205/mo monthly cash flow. Total monthly income runs $894/mo, and a $562/mo payment keeps the spread at $205/mo. Purchase price stands at $114,900, and rental yield measures 9.34% with $894/mo rent. Return on cash invested shows 26.36% in year one, and 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 137.21% and total cumulative return in cash records $52,262. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $894/mo property income covering a $562/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46510, Claypool, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,731 (100%) |
| Owner Occupied HU | 1,156 (66.8%) |
| Renter Occupied HU | 208 (12.0%) |
| Vacant Housing Units | 367 (21.2%) |
| Median Home Value | $251,603 |
| Average Home Value | $333,852 |
Housing Distribution
Address Breakdown
Residential
1,315
Single Family
1,315
Multi-Family
0
Businesses
27
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