7344 S Meadows Ln, French Lick, IN, 47432 | $383/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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7344 S Meadows Ln, French Lick, IN, 47432 | $383/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 French Lick at 7344 S Meadows Ln, French Lick, IN, 47432 uses $72,930 cash to close to unlock $4,598/yr annual cash flow and $383/mo monthly cash flow. Total monthly income runs $1,704/mo, and a $1,077/mo payment keeps the spread at $383/mo. Purchase price stands at $220,000, and rental yield measures 9.29% with $1,704/mo rent. Return on cash invested shows 26.21% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 136.45% and total cumulative return in cash records $99,515. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,704/mo property income covering a $1,077/mo payment rather than investor’s personal income.

Single Family

Built in 1993

1 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to your French Lick retreat! Enjoy a peaceful country setting just minutes from French Lick and West Baden for shopping, golf, dining, and local wineries; as well as all the fun and recreation at Patoka Lake and Patoka Lake State Park. This 2 bed, 2 bath home lives larger than it looks thanks to a generous bonus den that works perfectly as a second living room, game/hobby room, or overflow guest space. Youll love the tree-lined backyard and patio for relaxing, grilling, or unwinding after a day on the water. For storage, hobbies, or a small business, youll have two great outbuildings: a 20x30 workshop that is fully insulated and heated, plus an additional 30x40 pole barn ideal for boats, equipment, or projects, along with an 8x10 covered picnic shelter. A nearby public boat ramp provides quick access to Patoka Lake, making this an ideal year-round home, weekend retreat, or investment getaway.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47432, French Lick, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,152 (100%)
Owner Occupied HU	1,401 (65.1%)
Renter Occupied HU	481 (22.4%)
Vacant Housing Units	270 (12.5%)
Median Home Value	$171,228
Average Home Value	$188,499