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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Cloverdale at 5 Doe Creek Dr, Cloverdale, IN, 46120 at $257,000 posts ROI 29.09% with $652/mo cash flow from $2,195/mo rent. Total monthly income equals $2,195/mo, and annual cash flow records $7,826/yr on $85,196 to close. Return on cash invested measures 29.09% and rental yield reads 10.25% at the current $257,000. Equity gained on principal adds $1,658/yr, and 5% annual appreciation supports $71,004 by year five. Five-year ROI prints 151.91% and total cumulative return in cash totals $129,420.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,195/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46120, Cloverdale, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,766 (100%) |
| Owner Occupied HU | 2,044 (73.9%) |
| Renter Occupied HU | 506 (18.3%) |
| Vacant Housing Units | 216 ( 7.8%) |
| Median Home Value | $200,155 |
| Average Home Value | $230,073 |
Residential
2,414
Single Family
2,414
Multi-Family
0
Businesses
184
Date | Event | Price |
|---|---|---|
| 2024-09-19 | Listed for sale | $257,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | N/A | N/A | $900 | N/A |
Listed by: Lezley Wass • CAPSTONE REALTY GROUP INC
Mls Name: THAAR
Mls Provider:
Mls ID: #104739
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Terre Haute Area Association of Realtors. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. Copyright 2024 Terre Haute Area Association of Realtors. All Rights Reserved. Last Updated: 2024-10-14 10:10:35 PDT
