7003- LOT 970 Mitsch Lane, Georgetown, IN, 47122 | $695/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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7003- LOT 970 Mitsch Lane, Georgetown, IN, 47122 | $695/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Georgetown at 7003- LOT 970 Mitsch Lane, Georgetown, IN, 47122 earns $695/mo cash flow from $2,340/mo rent with a $1,341/mo payment. Total monthly income totals $2,340/mo, and annual cash flow totals $8,345/yr on $90,798 capital. ROI tracks 29.1% on current figures, and rental yield reads 10.25% at a $273,900 purchase. Equity gained on principal adds $1,767/yr, and 5% annual appreciation supports $75,674 over five years. Five-year ROI reaches 151.91% and total cumulative return in cash sums $137,930. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,340/mo property income instead of your personal income.

Single Family

Built in 2025

4,791 sqft lot

$N/A/sqft

No HOA

More details about the property

Premier Homes of Southern Indiana presents the beautiful 'Model A' floor plan! This 3 Bed/2 Bath cottage home features a covered front porch, spacious great room, open floor plan, roomy dining area, and large back covered porch! Kitchen with stainless steel appliances, granite countertops, raised breakfast bar, and pantry. Primary suite offers a spacious walk-in closet and en-suite bath with double vanity, water closet, linen closet, and large walk-in shower. This home also includes a 2 car detached garage w/keyless entry & a RWC home warranty! Save $$$ toward closing costs by using one of our recommended lenders! Builder is a licensed real estate agent in the state of Indiana.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47122, Georgetown, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,539 (100%)
Owner Occupied HU	3,927 (86.5%)
Renter Occupied HU	451 ( 9.9%)
Vacant Housing Units	161 ( 3.5%)
Median Home Value	$317,873
Average Home Value	$358,790