317 NE 3rd StreetPaoliIN47454
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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 317 NE 3rd Street, Paoli, IN, 47454 generates $983/mo in rent and, after a $744/mo payment, leaves $71/mo in cash flow. Total monthly income is $983/mo, and annual cash flow is $846/yr on $50,388 invested. Return on cash invested sits at 21.59% in year one, and rental yield is 7.76% on a $152,000 entry. Equity gained on principal adds $981/yr, while 5% annual appreciation builds toward $41,995 over five years. Five-year ROI reaches 111.64% and total cumulative return in cash sums $56,254. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $983/mo property income rather than buyer’s personal income.
Single Family
Built in 1915
7,405 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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Listed by: Peggy A Hoke • Trinkle Group Real Est
Mls Name: SIRA
Mls Provider:
Mls ID: #202508572
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.