5849 S County Road 200 EClay CityIN47841
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 5849 S County Road 200 E, Clay City, IN, 47841 in Clay City hard to pass up. The 10.27% gross yield on a $366,000 purchase results in $3,133/mo in rent and $936/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.90). Annual cash flow of $11,234, five-year appreciation of $101,119, and $3,371/yr in equity build-up combine for a projected total cumulative return of $198,737.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 6.0% |
| Monthly Cash Flow | $936 | $200 |
City averages based on Clay City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,133 |
| Total Monthly Debt Service | $2,051 |
| DSCR Ratio | 1.53x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1995
2.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47841, Clay City, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 994 (100%) |
| Owner Occupied HU | 681 (68.5%) |
| Renter Occupied HU | 204 (20.5%) |
| Vacant Housing Units | 109 (11.0%) |
| Median Home Value | $126,894 |
| Average Home Value | $147,559 |
Housing Distribution
Address Breakdown
Residential
951
Single Family
951
Multi-Family
0
Businesses
70
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
Single Family
Built in 1995
2.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47841, Clay City, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 994 (100%) |
| Owner Occupied HU | 681 (68.5%) |
| Renter Occupied HU | 204 (20.5%) |
| Vacant Housing Units | 109 (11.0%) |
| Median Home Value | $126,894 |
| Average Home Value | $147,559 |
Housing Distribution
Address Breakdown
Residential
951
Single Family
951
Multi-Family
0
Businesses
70
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Delmar W Wagler • Integrity Realty Group LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202435476
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.