8952 S State Road 15ClaypoolIN46510
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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 Claypool at 8952 S State Road 15, Claypool, IN, 46510 generates $1,472/mo in rent and, after a $734/mo payment, leaves $572/mo in cash flow. Total monthly income is $1,472/mo, and annual cash flow is $6,861/yr on $49,725 invested. Return on cash invested sits at 33.71% in year one, and rental yield is 11.78% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 176.62% and total cumulative return in cash sums $87,822. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,472/mo property income rather than buyer’s personal income.
Single Family
Built in 1915
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46510, Claypool, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,731 (100%) |
| Owner Occupied HU | 1,156 (66.8%) |
| Renter Occupied HU | 208 (12.0%) |
| Vacant Housing Units | 367 (21.2%) |
| Median Home Value | $251,603 |
| Average Home Value | $333,852 |
Housing Distribution
Address Breakdown
Residential
1,315
Single Family
1,315
Multi-Family
0
Businesses
27
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