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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 West Baden Springs at 1169 N Gum St, West Baden Springs, IN, 47469 offers a 7.24% rental yield on a $197,000 purchase with $1,189/mo rent. Total monthly income registers $1,189/mo, and a $964/mo payment leaves $7/mo available for distribution. Annual cash flow reaches $80/yr on $65,306 to close, and return on cash invested stands at 20.03% in year one. Equity gained on principal adds $1,271/yr while 5% annual appreciation supports $54,427 over five years. Portfolio math shows five-year ROI at 103.27% and total cumulative return in cash at $67,442. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,189/mo property income against a $964/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2004
0.50 Acres lot
$N/A/sqft
No HOA
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: Mabel m Wininger • Key Associates Real Estate
Mls Name: IRMLS
Mls ID: #202435473
