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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% |
Rental property for sale in Linton at 116 12th St SW, Linton, IN, 47441 generates $1,187/mo in rent, after a $979/mo payment. Total monthly income is $1,187/mo. Return on cash invested sits at 19.66% in year one, and rental yield is 7.12% on a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 101.33% and total cumulative return in cash sums $67,184. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,187/mo property income rather than buyer’s personal income.
Manufactured
Built in 1999
2.76 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47441, Linton, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,152 (100%) |
| Owner Occupied HU | 2,723 (65.6%) |
| Renter Occupied HU | 1,042 (25.1%) |
| Vacant Housing Units | 387 ( 9.3%) |
| Median Home Value | $129,342 |
| Average Home Value | $176,239 |
Residential
3,937
Single Family
3,739
Multi-Family
198
Businesses
324
Date | Event | Price |
|---|---|---|
| 2025-08-08 | Sold | $200,000 |
| 2025-08-07 | Pending sale | $229,500 |
| 2025-06-13 | Listed for sale | $229,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-26 | $639.14 | -9.12% | $87,300 | 0.81% |
| 2023-10-26 | $703.30 | 8.66% | $86,600 | -2.37% |
| 2022-10-26 | $647.26 | 5.75% | $88,700 | 7.00% |
Listed by: Tara White • Century 21 Scheetz - Bloomington
Mls Name: IRMLS
Mls Provider:
Mls ID: #202522726
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.
