9070 State Road 64GeorgetownIN47122
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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 Georgetown at 9070 State Road 64, Georgetown, IN, 47122 listed at $119,900 pairs $1,254/mo rent with a $587/mo payment to leave $534/mo cash flow. Total monthly income runs $1,254/mo, and annual cash flow reaches $6,409/yr on $39,747 cash to close. Return on cash invested measures 36.03% in year one, and rental yield registers 12.55% at a $119,900 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,126 by year five. Five-year ROI tracks 189.18% and total cumulative return in cash totals $75,192. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,254/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1948
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47122, Georgetown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,539 (100%) |
| Owner Occupied HU | 3,927 (86.5%) |
| Renter Occupied HU | 451 ( 9.9%) |
| Vacant Housing Units | 161 ( 3.5%) |
| Median Home Value | $317,873 |
| Average Home Value | $358,790 |
Housing Distribution
Address Breakdown
Residential
4,505
Single Family
4,481
Multi-Family
24
Businesses
186
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Listed by: Jeremy L Ward • Ward Realty Services
Mls Name: SIRA
Mls ID: #2024012129