5 Lakeshore DrClarksvilleIN47129
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Clarksville at 5 Lakeshore Dr, Clarksville, IN, 47129 at $154,900 posts ROI 26.58% with $285/mo cash flow from $1,215/mo rent. Total monthly income equals $1,215/mo, and annual cash flow records $3,424/yr on $51,349 to close. Return on cash invested measures 26.58% and rental yield reads 9.41% at the current $154,900. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,796 by year five. Five-year ROI prints 138.43% and total cumulative return in cash totals $71,084.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,215/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1972
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47129, Clarksville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,788 (100%) |
| Owner Occupied HU | 4,747 (48.5%) |
| Renter Occupied HU | 4,093 (41.8%) |
| Vacant Housing Units | 948 ( 9.7%) |
| Median Home Value | $189,797 |
| Average Home Value | $217,139 |
Housing Distribution
Address Breakdown
Residential
9,317
Single Family
7,483
Multi-Family
1,834
Businesses
931
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Listed by: Courtney McDonald • Lopp Real Estate
Mls Name: GLARMLS
Mls ID: #1704761