8257 S Country Rd #1075CharlottesvilleIN46117
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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 Charlottesville at 8257 S Country Rd #1075, Charlottesville, IN, 46117 listed at $695,000 pairs $2,981/mo rent with a $3,402/mo payment. Total monthly income runs $2,981/mo. Return on cash invested measures 13.81% in year one, and rental yield registers 5.15% at a $695,000 basis. Equity gained on principal adds $4,485/yr, and annual property appreciation at 5% supports $192,016 by year five. Five-year ROI tracks 69.84% and total cumulative return in cash totals $159,702. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,981/mo property income relative to a $3,402/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46117, Charlottesville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 218 (100%) |
| Owner Occupied HU | 187 (85.8%) |
| Renter Occupied HU | 17 ( 7.8%) |
| Vacant Housing Units | 14 ( 6.4%) |
| Median Home Value | $278,846 |
| Average Home Value | $310,882 |
Housing Distribution
Address Breakdown
Residential
245
Single Family
245
Multi-Family
0
Businesses
9
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Listed by: Vince Ferguson • Mark Dietel Realty, LLC
Mls Name: IRMLS
Mls ID: #202546908