8030 Ridge Way RdGeorgetownIN47122
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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 Georgetown at 8030 Ridge Way Rd, Georgetown, IN, 47122 listed at $619,900 pairs $3,395/mo rent with a $3,034/mo payment. Total monthly income runs $3,395/mo. Return on cash invested measures 18.14% in year one, and rental yield registers 6.57% at a $619,900 basis. Equity gained on principal adds $4,000/yr, and annual property appreciation at 5% supports $171,267 by year five. Five-year ROI tracks 93.08% and total cumulative return in cash totals $189,836. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,395/mo property income relative to a $3,034/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
8 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
4,505
Single Family
4,481
Multi-Family
24
Businesses
186
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Listed by: Jared Housier • Southern Homes Realty
Mls Name: SIRA
Mls ID: #2025011142