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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 Frankfort at 1054 W McClurg St, Frankfort, IN, 46041 listed at $156,500 pairs $1,619/mo rent with a $766/mo payment to leave $611/mo cash flow. Total monthly income runs $1,619/mo, and annual cash flow reaches $7,333/yr on $51,880 cash to close. Return on cash invested measures 34.04% in year one, and rental yield registers 12.41% at a $156,500 basis. Equity gained on principal adds $1,010/yr, and annual property appreciation at 5% supports $43,238 by year five. Five-year ROI tracks 179.07% and total cumulative return in cash totals $92,899. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,619/mo property income relative to a $766/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1915
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46041, Frankfort, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,792 (100%) |
| Owner Occupied HU | 6,307 (64.4%) |
| Renter Occupied HU | 2,766 (28.2%) |
| Vacant Housing Units | 719 ( 7.3%) |
| Median Home Value | $177,745 |
| Average Home Value | $249,421 |
Residential
9,312
Single Family
8,983
Multi-Family
329
Businesses
701
Date | Event | Price |
|---|---|---|
| 2025-01-03 | Sold | $156,500 |
| 2024-12-20 | Pending sale | $165,000 |
| 2024-10-09 | Price change | $165,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-24 | $2120.76 | 1231.80% | $95,200 | -0.21% |
| 2022-10-24 | $159.24 | -1.09% | $95,400 | 26.86% |
| 2021-10-24 | $161.00 | 2.70% | $75,200 | -0.13% |
Listed by: Scott Irons • Snyder Strategy Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202436123
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.
