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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% |
Total monthly income runs $1,919/mo, and a $2,203/mo payment. Purchase price stands at $450,000, and rental yield measures 5.12% with $1,919/mo rent. Return on cash invested shows 13.61% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 68.85% and total cumulative return in cash records $102,714. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,919/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Single Family
Built in 1911
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46151, Martinsville, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,840 (100%) |
| Owner Occupied HU | 10,004 (72.3%) |
| Renter Occupied HU | 2,981 (21.5%) |
| Vacant Housing Units | 855 ( 6.2%) |
| Median Home Value | $262,165 |
| Average Home Value | $300,956 |
Residential
13,100
Single Family
12,777
Multi-Family
323
Businesses
747
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: John Jones II • The Modglin Group
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22034406
