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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 Romney at 10520 Us Highway 231 S, Romney, IN, 47981 earns from $2,358/mo rent with a $2,246/mo payment. Total monthly income totals $2,358/mo. ROI tracks 16.78% on current figures, and rental yield reads 6.17% at a $458,900 purchase. Equity gained on principal adds $2,961/yr, and 5% annual appreciation supports $126,786 over five years. Five-year ROI reaches 85.83% and total cumulative return in cash sums $130,576. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,358/mo property income instead of your personal income.
Single Family
Built in N/A
12.71 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47981, Romney, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 313 (100%) |
| Owner Occupied HU | 266 (85.0%) |
| Renter Occupied HU | 36 (11.5%) |
| Vacant Housing Units | 11 ( 3.5%) |
| Median Home Value | $334,746 |
| Average Home Value | $347,556 |
Residential
276
Single Family
276
Multi-Family
0
Businesses
17
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $645.84 | 272.59% | $44,900 | 5.90% |
| 2023-10-24 | $173.34 | 16.98% | $42,400 | 281.98% |
| 2022-10-24 | $148.18 | 1.69% | $11,100 | 18.09% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
