








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 Swayzee at 109 E Main St, Swayzee, IN, 46986 generates $1,237/mo in rent and, after a $929/mo payment, leaves $98/mo in cash flow. Total monthly income is $1,237/mo, and annual cash flow is $1,170/yr on $62,952 invested. Return on cash invested sits at 21.77% in year one, and rental yield is 7.82% on a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 112.57% and total cumulative return in cash sums $70,865. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,237/mo property income rather than buyer’s personal income.
Single Family
Built in 1943
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46986, Swayzee, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 775 (100%) |
| Owner Occupied HU | 585 (75.5%) |
| Renter Occupied HU | 113 (14.6%) |
| Vacant Housing Units | 77 ( 9.9%) |
| Median Home Value | $198,093 |
| Average Home Value | $241,585 |
Residential
649
Single Family
649
Multi-Family
0
Businesses
36
Date | Event | Price |
|---|---|---|
| 2025-04-09 | Listed for sale | $189,900 |
| 2024-03-22 | Sold | $29,000 |
| 2024-03-11 | Pending sale | $39,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-10 | $1182.48 | -13.43% | $49,100 | -23.04% |
| 2023-04-10 | $1366.00 | 8.24% | $63,800 | -6.59% |
| 2022-04-10 | $1262.00 | 6.67% | $68,300 | 8.24% |



Listed by: Robyn Windle • Nicholson Realty 2.0 LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202511972
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.