8818 S County Road 750 WFrench 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
Investment property for sale in French Lick at 8818 S County Road 750 W, French Lick, IN, 47432 offers a 4.98% rental yield on a $475,000 purchase with $1,972/mo rent. 21% in year one. Equity gained on principal adds $3,065/yr while 5% annual appreciation supports $131,234 over five years. Portfolio math shows five-year ROI at 66.66% and total cumulative return in cash at $104,959. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,972/mo property income against a $2,325/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
4.18 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: Matthew E Corey • Williams Carpenter Realtors
Mls Name: IRMLS
Mls ID: #202539686