8633 State Road 28 EClarks HillIN47930
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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 Clarks Hill at 8633 State Road 28 E, Clarks Hill, IN, 47930 earns from $2,137/mo rent with a $1,909/mo payment. Total monthly income totals $2,137/mo. ROI tracks 18.01% on current figures, and rental yield reads 6.58% at a $390,000 purchase. Equity gained on principal adds $2,517/yr, and 5% annual appreciation supports $107,750 over five years. Five-year ROI reaches 92.43% and total cumulative return in cash sums $119,492. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,137/mo property income instead of your personal income.
Single Family
Built in 1997
4.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47930, Clarks Hill, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 498 (100%) |
| Owner Occupied HU | 366 (73.5%) |
| Renter Occupied HU | 90 (18.1%) |
| Vacant Housing Units | 42 ( 8.4%) |
| Median Home Value | $265,789 |
| Average Home Value | $318,053 |
Housing Distribution
Address Breakdown
Residential
232
Single Family
232
Multi-Family
0
Businesses
14
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Listed by: Michelle R Serna • BerkshireHathaway HS IN Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202521280
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.