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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 Connersville at 1139 W Dun Grazin Dr, Connersville, IN, 47331 listed at $209,900 pairs $1,614/mo rent with a $1,027/mo payment to leave $354/mo cash flow. Total monthly income runs $1,614/mo, and annual cash flow reaches $4,252/yr on $69,582 cash to close. Return on cash invested measures 26.02% in year one, and rental yield registers 9.23% at a $209,900 basis. Equity gained on principal adds $1,354/yr, and annual property appreciation at 5% supports $57,992 by year five. Five-year ROI tracks 135.39% and total cumulative return in cash totals $94,208. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,614/mo property income relative to a $1,027/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1969
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47331, Connersville, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,782 (100%) |
| Owner Occupied HU | 6,646 (61.6%) |
| Renter Occupied HU | 3,033 (28.1%) |
| Vacant Housing Units | 1,103 (10.2%) |
| Median Home Value | $135,068 |
| Average Home Value | $179,715 |
Residential
9,963
Single Family
9,542
Multi-Family
421
Businesses
701
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: Tyler Fortman • Coldwell Banker Lingle
Mls Name: RLMS
Mls ID: #10051653
