511 County Road 160CharlestownIN47111
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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 511 County Road 160, Charlestown, IN, 47111 earns $294/mo cash flow from $1,194/mo rent with a $734/mo payment. Total monthly income totals $1,194/mo, and annual cash flow totals $3,526/yr on $49,692 capital. ROI tracks 27.01% on current figures, and rental yield reads 9.56% at a $149,900 purchase. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 over five years. Five-year ROI reaches 140.66% and total cumulative return in cash sums $69,899. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,194/mo property income instead of your personal income.
Single Family
Built in 1960
0.75 Acres lot
$N/A/sqft
No 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: Slava Furs • 85W Real Estate
Mls Name: SIRA
Mls ID: #202605390