








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Charlestown at 4718 Rivers Edge Drive, Charlestown, IN, 47111 at $112,000 posts ROI 54.98% with $1,085/mo cash flow from $1,774/mo rent. Total monthly income equals $1,774/mo, and annual cash flow records $13,022/yr on $37,128 to close. Return on cash invested measures 54.98% and rental yield reads 19.01% at the current $112,000. Equity gained on principal adds $723/yr, and 5% annual appreciation supports $30,944 by year five. Five-year ROI prints 290.99% and total cumulative return in cash totals $108,039.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,774/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
0.29 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood data shown for ZIP Code: 47111, Charlestown, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,557 (100%) |
| Owner Occupied HU | 5,646 (74.7%) |
| Renter Occupied HU | 1,388 (18.4%) |
| Vacant Housing Units | 523 ( 6.9%) |
| Median Home Value | $285,076 |
| Average Home Value | $316,322 |
Residential
7,775
Single Family
7,524
Multi-Family
251
Businesses
336
Date | Event | Price |
|---|---|---|
| 2025-01-03 | Sold | $112,000 |
| 2024-12-19 | Pending sale | $130,000 |
| 2024-06-24 | Listed for sale | $130,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-21 | $910.64 | 21.87% | $65,100 | 17.72% |
| 2023-10-21 | $747.22 | -0.61% | $55,300 | 22.89% |
| 2022-10-21 | $751.80 | -2.39% | $45,000 | N/A |



Listed by: Kristi Johnson • Keller Williams Realty Consultants
Mls Name: SIRA
Mls Provider:
Mls ID: #202408870
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.