501 W Stansifer AvenueClarksvilleIN47129
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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
Rental property for sale in Clarksville at 501 W Stansifer Avenue, Clarksville, IN, 47129 generates $1,243/mo in rent and, after a $734/mo payment, leaves $280/mo in cash flow. Total monthly income is $1,243/mo, and annual cash flow is $3,363/yr on $49,692 invested. Return on cash invested sits at 26.68% in year one, and rental yield is 9.95% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 139.53% and total cumulative return in cash sums $69,335. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,243/mo property income rather than buyer’s personal income.
Multi Family
Built in 1926
7,000 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: Tonja Aaron-Wells • Keller Williams Louisville
Mls Name: SIRA
Mls Provider:
Mls ID: #2024011434
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.