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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 Decatur at 109 N 10th St, Decatur, IN, 46733 generates $1,072/mo in rent, after a $929/mo payment. Total monthly income is $1,072/mo. Return on cash invested sits at 18.62% in year one, and rental yield is 6.77% 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 95.74% and total cumulative return in cash sums $60,269. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,072/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46733, Decatur, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,091 (100%) |
| Owner Occupied HU | 5,906 (73.0%) |
| Renter Occupied HU | 1,700 (21.0%) |
| Vacant Housing Units | 485 ( 6.0%) |
| Median Home Value | $216,630 |
| Average Home Value | $273,796 |
Residential
7,603
Single Family
7,462
Multi-Family
141
Businesses
584
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Trevor Gray • Krueckeberg Auction And Realty
Mls Name: IRMLS
Mls ID: #202545356
