








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 Mitchell at 103 E Warren St, Mitchell, IN, 47446 priced at $239,900 pairs $2,096/mo rent with $656/mo cash flow after a $1,174/mo payment. Total monthly income equals $2,096/mo, and annual cash flow comes to $7,873/yr on $79,527 invested. Return on cash invested is 29.81% in year one, and rental yield stands at 10.48% on a $239,900 basis. Equity gained on principal adds $1,548/yr, and 5% annual appreciation accumulates to $66,280 by year five. Five-year ROI measures 155.73% and total cumulative return in cash reaches $123,847. For financing, Ziffy Mortgage’s DSCR program evaluates $2,096/mo property income against a $1,174/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47446, Mitchell, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,285 (100%) |
| Owner Occupied HU | 3,046 (71.1%) |
| Renter Occupied HU | 767 (17.9%) |
| Vacant Housing Units | 472 (11.0%) |
| Median Home Value | $180,587 |
| Average Home Value | $220,742 |
Residential
4,131
Single Family
4,075
Multi-Family
56
Businesses
276
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: Matthew E Corey • Williams Carpenter Realtors
Mls Name: IRMLS
Mls ID: #202546613