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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 Fairmount at 10440 S 100 E, Fairmount, IN, 46928 generates $1,039/mo in rent and, after a $778/mo payment, leaves $85/mo in cash flow. Total monthly income is $1,039/mo, and annual cash flow is $1,017/yr on $52,709 invested. Return on cash invested sits at 21.84% in year one, and rental yield is 7.84% on a $159,000 entry. Equity gained on principal adds $1,026/yr, while 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 112.94% and total cumulative return in cash sums $59,532. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,039/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
2 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46928, Fairmount, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,077 (100%) |
| Owner Occupied HU | 1,510 (72.7%) |
| Renter Occupied HU | 394 (19.0%) |
| Vacant Housing Units | 173 ( 8.3%) |
| Median Home Value | $142,808 |
| Average Home Value | $185,599 |
Residential
1,998
Single Family
1,960
Multi-Family
38
Businesses
120
Date | Event | Price |
|---|---|---|
| 2025-06-20 | Listed for sale | $159,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-23 | $140.96 | 2.00% | $157,900 | 6.26% |
| 2023-06-23 | $138.20 | 2.01% | $148,600 | 11.23% |
| 2022-06-23 | $135.48 | 18.88% | $133,600 | 17.30% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
