3414 S County Road 1050 WFrench LickIN47432
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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 French Lick at 3414 S County Road 1050 W, French Lick, IN, 47432 listed at $490,000 pairs $2,964/mo rent with a $2,398/mo payment to leave $23/mo cash flow. Total monthly income runs $2,964/mo, and annual cash flow reaches $275/yr on $162,435 cash to close. Return on cash invested measures 20.08% in year one, and rental yield registers 7.26% at a $490,000 basis. Equity gained on principal adds $3,162/yr, and annual property appreciation at 5% supports $135,378 by year five. Five-year ROI tracks 103.49% and total cumulative return in cash totals $168,108. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,964/mo property income relative to a $2,398/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1984
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47432, French Lick, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,152 (100%) |
| Owner Occupied HU | 1,401 (65.1%) |
| Renter Occupied HU | 481 (22.4%) |
| Vacant Housing Units | 270 (12.5%) |
| Median Home Value | $171,228 |
| Average Home Value | $188,499 |
Housing Distribution
Address Breakdown
Residential
1,950
Single Family
1,872
Multi-Family
78
Businesses
142
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Listed by: Gary West • RE/MAX Acclaimed Properties
Mls Name: IRMLS
Mls Provider:
Mls ID: #202524078
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.