310 E Thornton StPaoliIN47454
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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
Rental property for sale in Paoli at 310 E Thornton St, Paoli, IN, 47454 priced at $199,500 converts $1,758/mo rent into $561/mo cash flow after a $976/mo obligation. Total monthly income equals $1,758/mo, and annual cash flow totals $6,731/yr on $66,134 invested. Return on cash invested prints 30.09% in year one, and rental yield reads 10.57% against a $199,500 entry. Equity gained on principal adds $1,287/yr, while 5% annual appreciation compiles into $55,118 by year five. Five-year ROI reaches 157.16% and total cumulative return in cash sums $103,939. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,758/mo property income covering a $976/mo payment, not borrower’s personal income.
Single Family
Built in 1930
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47454, Paoli, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,470 (100%) |
| Owner Occupied HU | 2,307 (66.5%) |
| Renter Occupied HU | 724 (20.9%) |
| Vacant Housing Units | 439 (12.7%) |
| Median Home Value | $166,919 |
| Average Home Value | $200,277 |
Housing Distribution
Address Breakdown
Residential
3,247
Single Family
3,200
Multi-Family
47
Businesses
297
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