9609 White StClarks HillIN47930
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 Clarks Hill at 9609 White St, Clarks Hill, IN, 47930 earns $481/mo cash flow from $1,232/mo rent with a $612/mo payment. Total monthly income totals $1,232/mo, and annual cash flow totals $5,778/yr on $41,438 capital. ROI tracks 33.85% on current figures, and rental yield reads 11.83% at a $125,000 purchase. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 over five years. Five-year ROI reaches 177.45% and total cumulative return in cash sums $73,529. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,232/mo property income instead of your personal income.
Single Family
Built in 1889
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47930, Clarks Hill, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 498 (100%) |
| Owner Occupied HU | 366 (73.5%) |
| Renter Occupied HU | 90 (18.1%) |
| Vacant Housing Units | 42 ( 8.4%) |
| Median Home Value | $265,789 |
| Average Home Value | $318,053 |
Housing Distribution
Address Breakdown
Residential
232
Single Family
232
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kimberly Beazer • F.C. Tucker/Shook
Mls Name: IRMLS
Mls ID: #202547664