








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 Cynthiana at 10865 Locust St, Cynthiana, IN, 47612 earns from $1,368/mo rent with a $1,174/mo payment. Total monthly income totals $1,368/mo. ROI tracks 18.82% on current figures, and rental yield reads 6.84% at a $239,900 purchase. Equity gained on principal adds $1,548/yr, and 5% annual appreciation supports $66,280 over five years. Five-year ROI reaches 96.84% and total cumulative return in cash sums $77,011. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,368/mo property income instead of your personal income.
Single Family
Built in 1910
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47612, Cynthiana, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 391 (100%) |
| Owner Occupied HU | 292 (74.7%) |
| Renter Occupied HU | 61 (15.6%) |
| Vacant Housing Units | 38 ( 9.7%) |
| Median Home Value | $197,500 |
| Average Home Value | $192,928 |
Residential
236
Single Family
236
Multi-Family
0
Businesses
12
Date | Event | Price |
|---|---|---|
| 2025-05-12 | Listed for sale | $239,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-13 | $1362.00 | N/A | $159,300 | 16.96% |
| 2023-05-13 | N/A | N/A | $136,200 | 7.50% |
| 2022-05-13 | $1145.00 | 3.34% | $126,700 | 10.66% |



What's Special
Pull Down Stairs,Storage
Listed by: Jacy Gowen • Weichert Realtors-The Schulz Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202517104
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.