The Diamond Plan, Rock SpringsCharlestownIN47111
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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 Charlestown at The Diamond Plan, Rock Springs, Charlestown, IN, 47111 priced at $273,900 pairs $1,961/mo rent with $66/mo cash flow after a $1,341/mo payment. Total monthly income equals $1,961/mo, and annual cash flow comes to $797/yr on $90,798 invested. Return on cash invested is 20.79% in year one, and rental yield stands at 8.59% on a $273,900 basis. Equity gained on principal adds $1,767/yr, and 5% annual appreciation accumulates to $75,674 by year five. Five-year ROI measures 108.53% and total cumulative return in cash reaches $98,546. For financing, Ziffy Mortgage’s DSCR program evaluates $1,961/mo property income against a $1,341/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2026
N/A lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47111, Charlestown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,557 (100%) |
| Owner Occupied HU | 5,646 (74.7%) |
| Renter Occupied HU | 1,388 (18.4%) |
| Vacant Housing Units | 523 ( 6.9%) |
| Median Home Value | $285,076 |
| Average Home Value | $316,322 |
Housing Distribution
Address Breakdown
Residential
7,775
Single Family
7,524
Multi-Family
251
Businesses
336
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Listed by: N/A • Premier Homes of Southern Indiana
Mls Name: Premier Homes IN
Mls ID: #N/A