667 S Davis StClintonIN47842
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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
Rental property for sale in Clinton at 667 S Davis St, Clinton, IN, 47842 priced at $144,400 converts $733/mo rent into after a $707/mo obligation. Total monthly income equals $733/mo. Return on cash invested prints 16.55% in year one, and rental yield reads 6.09% against a $144,400 entry. Equity gained on principal adds $932/yr, while 5% annual appreciation compiles into $39,895 by year five. Five-year ROI reaches 84.58% and total cumulative return in cash sums $40,488. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $733/mo property income covering a $707/mo payment, not borrower’s personal income.
Home Type Unknown
Built in N/A
10,726 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47842, Clinton, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,693 (100%) |
| Owner Occupied HU | 3,055 (65.1%) |
| Renter Occupied HU | 1,185 (25.3%) |
| Vacant Housing Units | 453 ( 9.7%) |
| Median Home Value | $118,074 |
| Average Home Value | $145,853 |
Housing Distribution
Address Breakdown
Residential
4,235
Single Family
4,065
Multi-Family
170
Businesses
254
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