8314 Balmer Lane, Charlestown, IN, 47111 | $233/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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8314 Balmer Lane, Charlestown, IN, 47111 | $233/mo Cash Flow | Ziffy

For Sale

Listed for sale 4 days ago

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 Charlestown at 8314 Balmer Lane, Charlestown, IN, 47111 earns $233/mo cash flow from $2,784/mo rent with a $2,080/mo payment. Total monthly income totals $2,784/mo, and annual cash flow totals $2,796/yr on $140,888 capital. ROI tracks 21.89% on current figures, and rental yield reads 7.86% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 113.23% and total cumulative return in cash sums $159,521. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,784/mo property income instead of your personal income.

Single Family

Built in 2015

0.33 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome Home to 8314 Balmer Lane! This stunning all-brick ranch with 4 beds and 3 baths in the desirable Danbury oaks neighborhood offers comfort, style, and quality craftsmanship. From the charming front porch, concrete curbing, extra driveway, well-kept landscaping, new pool liner, hot tub, and hardwired outdoor camera system, this home makes a great first impression. Step inside to an inviting entry and open layout with spacious living areas, a bright kitchen, granite countertops, luxury vinyl plank flooring on the main level, and a whole-house water filtration system. The primary suite features his-and-her closets and a cultured marble shower. The basement offers a spacious spare room, full bath, extra family room, custom fire-resistant gun room with steel door, tornado room under the porch, and storage with built-in shelving. This home offers peaceful suburban living with convenient access to everything. Move-in ready and a must-see!

Neighborhood Data

Neighborhood data shown for ZIP Code: 47111, Charlestown, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,557 (100%)
Owner Occupied HU	5,646 (74.7%)
Renter Occupied HU	1,388 (18.4%)
Vacant Housing Units	523 ( 6.9%)
Median Home Value	$285,076
Average Home Value	$316,322