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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 New Whiteland at 1129 Spend A Buck Ct, New Whiteland, IN, 46184 earns $1,148/mo cash flow from $2,987/mo rent with a $1,493/mo payment. Total monthly income totals $2,987/mo, and annual cash flow totals $13,772/yr on $101,108 capital. ROI tracks 33.53% on current figures, and rental yield reads 11.75% at a $305,000 purchase. Equity gained on principal adds $1,968/yr, and 5% annual appreciation supports $84,266 over five years. Five-year ROI reaches 175.7% and total cumulative return in cash sums $177,646. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,987/mo property income instead of your personal income.
Single Family
Built in 2006
7,840 sqft lot
$N/A/sqft
$100 annually HOA
Neighborhood data shown for ZIP Code: 46184, Whiteland, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,190 (100%) |
| Owner Occupied HU | 4,390 (84.6%) |
| Renter Occupied HU | 740 (14.3%) |
| Vacant Housing Units | 60 ( 1.2%) |
| Median Home Value | $261,290 |
| Average Home Value | $282,753 |
Residential
5,129
Single Family
5,129
Multi-Family
0
Businesses
293
Date | Event | Price |
|---|---|---|
| 2025-03-15 | Listed for sale | $305,000 |
| 2022-08-12 | Listing removed | N/A |
| 2022-07-31 | Price change | $289,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-18 | $2507.02 | 17.29% | $248,200 | 3.07% |
| 2023-03-18 | $2137.52 | 16.91% | $240,800 | 16.95% |
| 2022-03-18 | $1828.38 | 13.45% | $205,900 | 17.12% |
What's Special
Access Only
Listed by: Marcella Gray • Steve Lew Real Estate Group, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22027136
Disclaimer: Based on information submitted to the MLS GRID as of 2025-03-18 08:07:52 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
