5301 Stone Creek 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 5301 Stone Creek Drive, Charlestown, IN, 47111 listed at $629,900 pairs $3,694/mo rent with a $3,083/mo payment. Total monthly income runs $3,694/mo. Return on cash invested measures 19.56% in year one, and rental yield registers 7.04% at a $629,900 basis. Equity gained on principal adds $4,065/yr, and annual property appreciation at 5% supports $174,030 by year five. Five-year ROI tracks 100.66% and total cumulative return in cash totals $208,611. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,694/mo property income relative to a $3,083/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
1.90 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: David B Bauer • Schuler Bauer Real Estate Services ERA Powered (N
Mls Name: SIRA
Mls ID: #2025011259