3616 W 700th Rd SClaypoolIN46510
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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 3616 W 700th Rd S, Claypool, IN, 46510 earns from $1,439/mo rent with a $2,743/mo payment. Total monthly income totals $1,439/mo. ROI tracks 7.53% on current figures, and rental yield reads 3.08% at a $560,500 purchase. Equity gained on principal adds $3,617/yr, and 5% annual appreciation supports $154,856 over five years. Five-year ROI reaches 36.18% and total cumulative return in cash sums $66,714. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,439/mo property income instead of your personal income.
Single Family
Built in 1969
23.02 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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Listed by: Julie Hall • Patton Hall Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202439964
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.