887 Nowlin AveLawrenceburgIN47025
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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
Rental property for sale in Lawrenceburg at 887 Nowlin Ave, Lawrenceburg, IN, 47025 offers $2,393/mo rent that, after a $1,228/mo payment, leaves $887/mo cash flow. Total monthly income is $2,393/mo, and annual cash flow is $10,644/yr on $83,140 cash. Return on cash invested measures 32.71% in year one, and rental yield stands at 11.45% at a $250,800 entry. Equity gained on principal adds $1,618/yr while 5% annual appreciation compounds into $69,291 by year five. Five-year ROI records 171.31% and total cumulative return in cash reaches $142,425. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,393/mo property income versus a $1,228/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47025, Lawrenceburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,701 (100%) |
| Owner Occupied HU | 7,176 (74.0%) |
| Renter Occupied HU | 2,042 (21.0%) |
| Vacant Housing Units | 483 ( 5.0%) |
| Median Home Value | $243,377 |
| Average Home Value | $273,536 |
Housing Distribution
Address Breakdown
Residential
9,428
Single Family
8,842
Multi-Family
586
Businesses
699
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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