6842 Silverpoint RdCanneltonIN47520
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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
Investment property for sale in Cannelton at 6842 Silverpoint Rd, Cannelton, IN, 47520 earns $252/mo cash flow from $1,152/mo rent with a $734/mo payment. Total monthly income totals $1,152/mo, and annual cash flow totals $3,022/yr on $49,692 capital. ROI tracks 25.99% on current figures, and rental yield reads 9.22% at a $149,900 purchase. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 over five years. Five-year ROI reaches 135.21% and total cumulative return in cash sums $67,187. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,152/mo property income instead of your personal income.
Single Family
Built in 1926
14.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47520, Cannelton, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,558 (100%) |
| Owner Occupied HU | 934 (59.9%) |
| Renter Occupied HU | 387 (24.8%) |
| Vacant Housing Units | 237 (15.2%) |
| Median Home Value | $218,750 |
| Average Home Value | $251,004 |
Housing Distribution
Address Breakdown
Residential
1,481
Single Family
1,319
Multi-Family
162
Businesses
65
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