6275 Turner DrClaytonIN46118
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
Rental property for sale in Clayton at 6275 Turner Dr, Clayton, IN, 46118 generates $1,538/mo in rent and, after a $937/mo payment, leaves $389/mo in cash flow. Total monthly income is $1,538/mo, and annual cash flow is $4,665/yr on $63,482 invested. Return on cash invested sits at 27.26% in year one, and rental yield is 9.64% on a $191,500 entry. Equity gained on principal adds $1,236/yr, while 5% annual appreciation builds toward $52,908 over five years. Five-year ROI reaches 142.02% and total cumulative return in cash sums $90,159. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,538/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46118, Clayton, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,916 (100%) |
| Owner Occupied HU | 1,595 (83.2%) |
| Renter Occupied HU | 254 (13.3%) |
| Vacant Housing Units | 67 ( 3.5%) |
| Median Home Value | $311,247 |
| Average Home Value | $369,934 |
Housing Distribution
Address Breakdown
Residential
1,805
Single Family
1,805
Multi-Family
0
Businesses
126
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices