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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% |
Investment property for sale in Frankfort at 1107 E Clinton St, Frankfort, IN, 46041 listed at $219,900 pairs $1,622/mo rent with a $1,076/mo payment to leave $302/mo cash flow. Total monthly income runs $1,622/mo, and annual cash flow reaches $3,627/yr on $72,897 cash to close. Return on cash invested measures 24.88% in year one, and rental yield registers 8.85% at a $219,900 basis. Equity gained on principal adds $1,419/yr, and annual property appreciation at 5% supports $60,754 by year five. Five-year ROI tracks 129.33% and total cumulative return in cash totals $94,276. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,622/mo property income relative to a $1,076/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1892
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46041, Frankfort, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,792 (100%) |
| Owner Occupied HU | 6,307 (64.4%) |
| Renter Occupied HU | 2,766 (28.2%) |
| Vacant Housing Units | 719 ( 7.3%) |
| Median Home Value | $177,745 |
| Average Home Value | $249,421 |
Residential
9,312
Single Family
8,983
Multi-Family
329
Businesses
701
Date | Event | Price |
|---|---|---|
| 2025-03-21 | Listed for sale | $219,900 |
| 2019-08-30 | Listing removed | $75,000 |
| 2019-08-19 | Listed for sale | $75,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-22 | $1596.04 | 55.90% | $165,600 | 16.05% |
| 2022-03-22 | $1023.76 | -0.83% | $142,700 | 53.77% |
| 2021-03-22 | $1032.28 | -0.11% | $92,800 | N/A |
Listed by: Tamara Sandefur • F.C. Tucker/Shook
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509336
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.
