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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 Plainville at 10614 N State Road 57, Plainville, IN, 47568 generates $2,272/mo in rent and, after a $1,615/mo payment, leaves $291/mo in cash flow. Total monthly income is $2,272/mo, and annual cash flow is $3,495/yr on $109,395 invested. Return on cash invested sits at 23.1% in year one, and rental yield is 8.26% on a $330,000 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 119.76% and total cumulative return in cash sums $131,015. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,272/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
3.23 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-10-14 | Listed for sale | $330,000 |
| 2020-11-02 | Sold | $245,000 |
| 2020-07-22 | Price change | $259,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $106.20 | -7.60% | $4,400 | N/A |
| 2022-10-15 | $114.94 | -2.38% | $4,400 | N/A |
| 2021-10-15 | $117.74 | 4.55% | $4,400 | N/A |
Listed by: Beverly Lawyer • Century 21 Classic Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202439813
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.
