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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 $0/mo, and a $1,931/mo payment. Purchase price stands at $394,500, and rental yield measures 0% with $0/mo rent. Return on cash invested shows -1.82% in year one, and 5% annual appreciation builds toward $108,993 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $0/mo property income covering a $1,931/mo payment rather than investor’s personal income.
Single Family
Built in 2003
4.53 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47038, Patriot, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 507 (100%) |
| Owner Occupied HU | 371 (73.2%) |
| Renter Occupied HU | 93 (18.3%) |
| Vacant Housing Units | 43 ( 8.5%) |
| Median Home Value | $181,591 |
| Average Home Value | $170,863 |
Residential
483
Single Family
483
Multi-Family
0
Businesses
7
Date | Event | Price |
|---|---|---|
| 2025-05-04 | Listed for sale | $394,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
Listed by: Bradley Baldwin • Rider Realty LLC
Mls Name: SEIBR
Mls ID: #204955
Disclaimer: Copyright Southeastern Indiana Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
