956 W Saint Paul St #CClintonIN47842
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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 Clinton at 956 W Saint Paul St #C, Clinton, IN, 47842 offers $900/mo rent that, after a $582/mo payment, leaves $186/mo cash flow. Total monthly income is $900/mo, and annual cash flow is $2,233/yr on $39,449 cash. Return on cash invested measures 25.57% in year one, and rental yield stands at 9.08% at a $119,000 entry. Equity gained on principal adds $768/yr while 5% annual appreciation compounds into $32,878 by year five. Five-year ROI records 133.07% and total cumulative return in cash reaches $52,493. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $900/mo property income versus a $582/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47842, Clinton, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,693 (100%) |
| Owner Occupied HU | 3,055 (65.1%) |
| Renter Occupied HU | 1,185 (25.3%) |
| Vacant Housing Units | 453 ( 9.7%) |
| Median Home Value | $118,074 |
| Average Home Value | $145,853 |
Housing Distribution
Address Breakdown
Residential
4,235
Single Family
4,065
Multi-Family
170
Businesses
254
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Listed by: Risa Dyar • Risa Dyar Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202508642
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.