8307 S State Road 145French LickIN47432
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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
Total monthly income runs $2,340/mo, and a $6,363/mo payment. Purchase price stands at $1,300,000, and rental yield measures 2.16% with $2,340/mo rent. Return on cash invested shows 4.8% in year one, and 5% annual appreciation builds toward $359,166 over five years. Five-year ROI reaches 21.5% and total cumulative return in cash records $90,543. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,340/mo property income covering a $6,363/mo payment rather than investor’s personal income.
Single Family
Built in 2016
147.52 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
1,950
Single Family
1,872
Multi-Family
78
Businesses
142
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Listed by: RANDY A CHAPLIN • Brooks Galloway Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202518447
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