504 E Thornton StPaoliIN47454
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
Rental property for sale in Paoli at 504 E Thornton St, Paoli, IN, 47454 offers $2,256/mo rent that, after a $1,003/mo payment, leaves $962/mo cash flow. Total monthly income is $2,256/mo, and annual cash flow is $11,541/yr on $67,958 cash. Return on cash invested measures 36.89% in year one, and rental yield stands at 13.21% at a $205,000 entry. Equity gained on principal adds $1,323/yr while 5% annual appreciation compounds into $56,638 by year five. Five-year ROI records 194.09% and total cumulative return in cash reaches $131,898. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,256/mo property income versus a $1,003/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1924
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47454, Paoli, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,470 (100%) |
| Owner Occupied HU | 2,307 (66.5%) |
| Renter Occupied HU | 724 (20.9%) |
| Vacant Housing Units | 439 (12.7%) |
| Median Home Value | $166,919 |
| Average Home Value | $200,277 |
Housing Distribution
Address Breakdown
Residential
3,247
Single Family
3,200
Multi-Family
47
Businesses
297
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Natasha Johns • Williams Carpenter Realtors
Mls Name: IRMLS
Mls Provider:
Mls ID: #202522232
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.