1120 Maple St, Mitchell, IN, 47446 | $90/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

1120 Maple St, Mitchell, IN, 47446 | $90/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
3 Bath
2166 sft

7441 State Road 60 W, Mitchell, IN, 47446

3 Bed
2 Bath
1288 sft

1507 W County Road 500 N, Orleans, IN, 47454

3 Bed
2 Bath
1344 sft

1827 S Rolling Hills Dr, French Lick, IN, 47432

3 Bed
2 Bath
1404 sft

2220 W County Road 550 S, Paoli, IN, 47454

Nearby investment properties with comparable prices

3 Bed
2 Bath
1444 sft

151 Pleasant View Dr, Mitchell, IN, 47446

3 Bed
2 Bath
1188 sft

505 S County Road 675 W, French Lick, IN, 47432

$ 229,700

ROI

Cash Flow/m

3 Bed
2 Bath
1656 sft

11997 E State Road 56, French Lick, IN, 47432

2 Bed
2 Bath
1636 sft

7344 S Meadows Ln, French Lick, IN, 47432

Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

Explore more listings using simple english

Investment Highlights

Investment property for sale in Mitchell at 1120 Maple St, Mitchell, IN, 47446 earns $90/mo cash flow from $1,440/mo rent with a $1,101/mo payment. Total monthly income totals $1,440/mo, and annual cash flow totals $1,077/yr on $74,554 capital. ROI tracks 21.35% on current figures, and rental yield reads 7.68% at a $224,900 purchase. Equity gained on principal adds $1,451/yr, and 5% annual appreciation supports $62,136 over five years. Five-year ROI reaches 110.35% and total cumulative return in cash sums $82,273. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,440/mo property income instead of your personal income.

Single Family

Built in 1952

10,018 sqft lot

$N/A/sqft

No HOA

More details about the property

Are you looking for a newly renovated home close to Mitchell Schools for you or your family...we've got you covered! If this home were any closer it would be in the middle of the BlueJackets Stadium! You'll definitely want to tour this sprawling, newly renovated, ranch home! Newer roof (approx. 2 years old), new luxury vinyl plank flooring with a hint of both warm and cool tones, fresh paint, new light-fixtures, and BRAND NEW kitchen appliances! Living/Dining room combo opens to a warm and cozy kitchen with a walk-in pantry, tons of cabinet space, and enough room for an island. Family room with french doors leading out to the sun porch that doubles as a drop zone/breezeway to the spacious garage with two overhead doors. Three bedrooms with huge closets, cedar lined hall closet, two bathrooms with pristine vintage fixtures, and lots of storage. Outside you have both front and rear parking, a flat backyard, and an adorable yard barn! Did we mention you could walk to Mitchell High School and Sports Complex? Excellent location! Agent owned.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47446, Mitchell, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,285 (100%)
Owner Occupied HU	3,046 (71.1%)
Renter Occupied HU	767 (17.9%)
Vacant Housing Units	472 (11.0%)
Median Home Value	$180,587
Average Home Value	$220,742