5016- LOT 148 Hidden Springs DriveCharlestownIN47111
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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 Charlestown at 5016- LOT 148 Hidden Springs Drive, Charlestown, IN, 47111 listed at $282,900 pairs $2,148/mo rent with a $1,385/mo payment to leave $429/mo cash flow. Total monthly income runs $2,148/mo, and annual cash flow reaches $5,143/yr on $93,781 cash to close. Return on cash invested measures 25.39% in year one, and rental yield registers 9.11% at a $282,900 basis. Equity gained on principal adds $1,826/yr, and annual property appreciation at 5% supports $78,160 by year five. Five-year ROI tracks 132.12% and total cumulative return in cash totals $123,907. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,148/mo property income relative to a $1,385/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
0.33 Acres lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47111, Charlestown, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
7,775
Single Family
7,524
Multi-Family
251
Businesses
336
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Listed by: Lisa Morris • RE/MAX FIRST
Mls Name: SIRA
Mls Provider:
Mls ID: #202509607
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.