708 E 3rd StClintonIN47842
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Nearby investment properties with comparable prices
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 Clinton at 708 E 3rd St, Clinton, IN, 47842 at $159,800 posts ROI 27.79% with $348/mo cash flow from $1,616/mo rent. Total monthly income equals $1,616/mo, and annual cash flow records $4,177/yr on $52,974 to close. Return on cash invested measures 27.79% and rental yield reads 12.14% at the current $159,800. Equity gained on principal adds $1,031/yr, and 5% annual appreciation supports $44,150 by year five. Five-year ROI prints 147.51% and total cumulative return in cash totals $78,143.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,616/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Home Type Unknown
Built in 2014
0.65 Acres 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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