The Onyx 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
Investment property for sale in Charlestown at The Onyx Plan, Rock Springs, Charlestown, IN, 47111 offers a 11.49% rental yield on a $248,900 purchase with $2,384/mo rent. Total monthly income registers $2,384/mo, and a $1,218/mo payment leaves $640/mo available for distribution. Annual cash flow reaches $7,682/yr on $82,510 to close, and return on cash invested stands at 29.22% in year one. Equity gained on principal adds $1,606/yr while 5% annual appreciation supports $68,766 over five years. Portfolio math shows five-year ROI at 153.89% and total cumulative return in cash at $126,973. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,384/mo property income against a $1,218/mo payment rather than investor’s personal income documents like W2s, Salary slips, and 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