Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 French lick at 1048 S Center St, French lick, IN, 47432 uses $66,267 cash to close to unlock $2,321/yr annual cash flow and $193/mo monthly cash flow. Total monthly income runs $1,393/mo, and a $978/mo payment keeps the spread at $193/mo. Purchase price stands at $199,900, and rental yield measures 8.36% with $1,393/mo rent. Return on cash invested shows 23.41% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 121.4% and total cumulative return in cash records $80,449. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,393/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 2007
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47432, French Lick, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,152 (100%) |
| Owner Occupied HU | 1,401 (65.1%) |
| Renter Occupied HU | 481 (22.4%) |
| Vacant Housing Units | 270 (12.5%) |
| Median Home Value | $171,228 |
| Average Home Value | $188,499 |
Residential
1,950
Single Family
1,872
Multi-Family
78
Businesses
142
Date | Event | Price |
|---|---|---|
| 2024-09-20 | Listed for sale | $199,900 |
| 2017-07-05 | Sold | $30,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $1202.52 | 18.58% | $140,000 | 8.02% |
| 2022-10-15 | $1014.08 | 7.83% | $129,600 | 14.19% |
| 2021-10-15 | $940.44 | 9.90% | $113,500 | 4.03% |
Listed by: RANDY A CHAPLIN • Brooks Galloway Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202436417
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
