8681 French Ridge Rd, Tell City, IN, 47586 | 3.5% Rental Yield

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Price: $300K - 500K

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8681 French Ridge Rd, Tell City, IN, 47586 | 3.5% Rental Yield | Ziffy

For Sale

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

Total monthly income runs $961/mo, and a $1,615/mo payment. Purchase price stands at $329,900, and rental yield measures 3.5% with $961/mo rent. Return on cash invested shows 8.72% in year one, and 5% annual appreciation builds toward $91,145 over five years. Five-year ROI reaches 42.62% and total cumulative return in cash records $46,611. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $961/mo property income covering a $1,615/mo payment rather than investor’s personal income.

Single Family

Built in 1934

8.37 Acres lot

$N/A/sqft

No HOA

More details about the property

This beautiful home on 8.374 acres sits on the outskirts of Tell City and has beautiful country views! As you drive up to the home, you will see the pond and woods and then the view opens to the home. The large, covered front porch allows you to sit and look out over the peaceful countryside. Go through the front door and enter the spacious living room with a wood burning stove and windows overlooking the property. The primary bedroom sits off the living room and has a large walk in closet and en-suite bathroom with a stand up shower and whirlpool tub. Head into the eat in kitchen which has plenty cabinet space, a small breakfast bar, and a patio door that leads out to the back deck. The laundry/mud room is spacious and has room to drop your shoes and bags off as you come inside from the enclosed porch that is connected to the garage. Finishing off the inside of the home is another full bath, 2 bedrooms, and a room that can be used as a 4th bedroom or office, and a partial basement. The backyard is level and has great views too, which you can enjoy from the deck! With an an attached 2 car garage and 3 barns, this property has plenty of additional space and is about 12 minutes from I64. And, this home has fiber optic internet available!