642 22nd St,Tell City,IN,47586

Investment Highlights

Investment property for sale in Tell City at 642 22nd St, Tell City, IN, 47586 offers a 7.59% rental yield on a $205,000 purchase with $1,297/mo rent. Total monthly income registers $1,297/mo, and a $1,003/mo payment leaves $67/mo available for distribution. Annual cash flow reaches $801/yr on $67,958 to close, and return on cash invested stands at 21.09% in year one. Equity gained on principal adds $1,323/yr while 5% annual appreciation supports $56,638 over five years. Portfolio math shows five-year ROI at 108.91% and total cumulative return in cash at $74,010. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,297/mo property income against a $1,003/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.