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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Charlestown at 6315 Horizon Way, Charlestown, IN, 47111 listed at $289,000 pairs $2,543/mo rent with a $1,415/mo payment to leave $800/mo cash flow. Total monthly income runs $2,543/mo, and annual cash flow reaches $9,597/yr on $95,804 cash to close. Return on cash invested measures 29.93% in year one, and rental yield registers 10.56% at a $289,000 basis. Equity gained on principal adds $1,865/yr, and annual property appreciation at 5% supports $79,845 by year five. Five-year ROI tracks 156.35% and total cumulative return in cash totals $149,786. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,543/mo property income relative to a $1,415/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
9,879 sqft lot
$N/A/sqft
$75 annually HOA
Neighborhood data shown for ZIP Code: 47111, Charlestown, IN area.
| 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 |
Residential
7,775
Single Family
7,524
Multi-Family
251
Businesses
336
Date | Event | Price |
|---|---|---|
| 2025-09-29 | Sold | $289,000 |
| 2025-07-23 | Listed for sale | $289,000 |
| 2020-04-22 | Sold | $184,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $2418.00 | 13.63% | $253,500 | 4.84% |
| 2023-10-24 | $2128.00 | 14.16% | $241,800 | 13.63% |
| 2022-10-24 | $1864.00 | 8.81% | $212,800 | 14.16% |
Listed by: Desiree Garza • Green Tree Real Estate Services
Mls Name: SIRA
Mls Provider:
Mls ID: #202509700
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.
