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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in West Harrison at 0 Mortashed Rd, West Harrison, IN, 47060 offers $1,034/mo rent that, after a $661/mo payment, leaves $223/mo cash flow. Total monthly income is $1,034/mo, and annual cash flow is $2,680/yr on $44,753 cash. Return on cash invested measures 25.9% in year one, and rental yield stands at 9.19% at a $135,000 entry. Equity gained on principal adds $871/yr while 5% annual appreciation compounds into $37,298 by year five. Five-year ROI records 134.8% and total cumulative return in cash reaches $60,325. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,034/mo property income versus a $661/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
6.57 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47060, West Harrison, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,947 (100%) |
| Owner Occupied HU | 2,442 (82.9%) |
| Renter Occupied HU | 375 (12.7%) |
| Vacant Housing Units | 130 ( 4.4%) |
| Median Home Value | $316,798 |
| Average Home Value | $332,482 |
Residential
2,955
Single Family
2,897
Multi-Family
58
Businesses
113
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kevin Kelly • Coldwell Banker Realty
Mls Name: SEIBR
Mls ID: #206500
