757 E Clinton StFrankfortIN46041
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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 Frankfort at 757 E Clinton St, Frankfort, IN, 46041 priced at $300,200 converts $962/mo rent into after a $1,469/mo obligation. Total monthly income equals $962/mo. Return on cash invested prints 7.27% in year one, and rental yield reads 3.85% against a $300,200 entry. Equity gained on principal adds $1,937/yr, while 5% annual appreciation compiles into $82,940 by year five. Five-year ROI reaches 35.74% and total cumulative return in cash sums $35,571. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $962/mo property income covering a $1,469/mo payment, not borrower’s personal income.
Single Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46041, Frankfort, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,792 (100%) |
| Owner Occupied HU | 6,307 (64.4%) |
| Renter Occupied HU | 2,766 (28.2%) |
| Vacant Housing Units | 719 ( 7.3%) |
| Median Home Value | $177,745 |
| Average Home Value | $249,421 |
Housing Distribution
Address Breakdown
Residential
9,312
Single Family
8,983
Multi-Family
329
Businesses
701
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