605 NE 3rd StPaoliIN47454
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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 Paoli at 605 NE 3rd St, Paoli, IN, 47454 earns $581/mo cash flow from $1,481/mo rent with a $734/mo payment. Total monthly income totals $1,481/mo, and annual cash flow totals $6,969/yr on $49,725 capital. ROI tracks 33.92% on current figures, and rental yield reads 11.85% at a $149,999 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 177.75% and total cumulative return in cash sums $88,386. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,481/mo property income instead of your personal income.
Single Family
Built in 2009
10,018 sqft 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
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Listed by: Natasha Rowlett • Williams Carpenter Realtors
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514884
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.