307 W Clem StFloraIN46929
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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 Flora at 307 W Clem St, Flora, IN, 46929 with 5% annual appreciation on a $108,000 basis while $1,306/mo rent supports operations. Total monthly income totals $1,306/mo and a $529/mo payment preserves $602/mo for cash returns. Annual cash flow comes to $7,226/yr on $35,802 deployed, and return on cash invested reaches 40.09% in year one. Equity gained on principal adds $697/yr, and five-year appreciation sums $29,838 alongside rental yield of 14.51%. Five-year ROI measures 211.65% and total cumulative return in cash totals $75,776.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,306/mo property income versus a $529/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46929, Flora, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,414 (100%) |
| Owner Occupied HU | 1,005 (71.1%) |
| Renter Occupied HU | 315 (22.3%) |
| Vacant Housing Units | 94 ( 6.6%) |
| Median Home Value | $183,468 |
| Average Home Value | $226,652 |
Housing Distribution
Address Breakdown
Residential
1,365
Single Family
1,274
Multi-Family
91
Businesses
135
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Listed by: Peyton Hurst • Trueblood Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202439753
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.