9910 W Airport Rd, French Lick, IN, 47432 | $324/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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9910 W Airport Rd, French Lick, IN, 47432 | $324/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in French Lick at 9910 W Airport Rd, French Lick, IN, 47432 earns $324/mo cash flow from $1,489/mo rent with a $950/mo payment. Total monthly income totals $1,489/mo, and annual cash flow totals $3,888/yr on $64,311 capital. ROI tracks 25.95% on current figures, and rental yield reads 9.21% at a $194,000 purchase. Equity gained on principal adds $1,252/yr, and 5% annual appreciation supports $53,599 over five years. Five-year ROI reaches 135.01% and total cumulative return in cash sums $86,828. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,489/mo property income instead of your personal income.

Single Family

Built in 1930

1.50 Acres lot

$N/A/sqft

No HOA

More details about the property

Discover comfort and convenience at 9910 Airport Rd in French Lick, IN! This spacious 3-bedroom, 2-bath home offers 2,300 square feet of well-maintained living space on 1.5 open, level acresperfect for outdoor activities, a garden, or future projects. Located less than 2 miles from downtown French Lick, you'll enjoy easy access to shopping, dining, resorts, and entertainment. The home features a durable metal roof, central air, and efficient natural gas heat. The main level includes a bedroom and full bath, along with a functional kitchen, dining area, and cozy living room. Upstairs, you'll find two additional bedrooms, a second full bath, and a large family roomideal for entertaining, relaxing, or creating a home office or play area. Appliances are included, and immediate possession is available, making this move-in ready home a rare find in a desirable location. Price at $194,000

Neighborhood Data

Neighborhood data shown for ZIP Code: 47432, French Lick, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,152 (100%)
Owner Occupied HU	1,401 (65.1%)
Renter Occupied HU	481 (22.4%)
Vacant Housing Units	270 (12.5%)
Median Home Value	$171,228
Average Home Value	$188,499