6201 Cherry Grove CourtGeorgetownIN47122
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
Investment property for sale in Georgetown at 6201 Cherry Grove Court, Georgetown, IN, 47122 offers a 7.34% rental yield on a $679,000 purchase with $4,152/mo rent. Total monthly income registers $4,152/mo, and a $3,323/mo payment leaves $76/mo available for distribution. Annual cash flow reaches $917/yr on $223,391 to close, and return on cash invested stands at 20.47% in year one. Equity gained on principal adds $4,381/yr while 5% annual appreciation supports $187,595 over five years. Portfolio math shows five-year ROI at 105.58% and total cumulative return in cash at $235,859. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,152/mo property income against a $3,323/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47122, Georgetown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,539 (100%) |
| Owner Occupied HU | 3,927 (86.5%) |
| Renter Occupied HU | 451 ( 9.9%) |
| Vacant Housing Units | 161 ( 3.5%) |
| Median Home Value | $317,873 |
| Average Home Value | $358,790 |
Housing Distribution
Address Breakdown
Residential
4,505
Single Family
4,481
Multi-Family
24
Businesses
186
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julie Dulaney • Real Estate Unlimited
Mls Name: SIRA
Mls Provider:
Mls ID: #2025010979
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.