920 Nowlin AveLawrenceburgIN47025
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lawrenceburg at 920 Nowlin Ave, Lawrenceburg, IN, 47025 offers a 9.18% rental yield on a $164,900 purchase with $1,261/mo rent. Total monthly income registers $1,261/mo, and a $807/mo payment leaves $271/mo available for distribution. Annual cash flow reaches $3,255/yr on $54,664 to close, and return on cash invested stands at 25.86% in year one. Equity gained on principal adds $1,064/yr while 5% annual appreciation supports $45,559 over five years. Portfolio math shows five-year ROI at 134.6% and total cumulative return in cash at $73,576. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,261/mo property income against a $807/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
0.42 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Hartman • Keller Williams Realty Service
Mls Name: SEIBR
Mls ID: #206585