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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% |
Investment property for sale in Frankton at 10370 N 550 W, Frankton, IN, 46044 offers a 0% rental yield on a $200,000 purchase with $0/mo rent. 82% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1904
11.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46044, Frankton, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,232 (100%) |
| Owner Occupied HU | 913 (74.1%) |
| Renter Occupied HU | 210 (17.0%) |
| Vacant Housing Units | 109 ( 8.8%) |
| Median Home Value | $157,378 |
| Average Home Value | $171,895 |
Residential
853
Single Family
788
Multi-Family
65
Businesses
35
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
Listed by: Lynda Lambert • Traditions Realty, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22065336
