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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 Gosport at 117 S 5th St, Gosport, IN, 47433 offers a 5.95% rental yield on a $229,900 purchase with $1,140/mo rent. 13% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,517 over five years. Portfolio math shows five-year ROI at 82.4% and total cumulative return in cash at $62,795. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,140/mo property income against a $1,125/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47433, Gosport, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,688 (100%) |
| Owner Occupied HU | 1,205 (71.4%) |
| Renter Occupied HU | 311 (18.4%) |
| Vacant Housing Units | 172 (10.2%) |
| Median Home Value | $213,865 |
| Average Home Value | $251,954 |
Residential
1,475
Single Family
1,475
Multi-Family
0
Businesses
49
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: Marilyn Wells • M2 Realty and Auctions LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22054406
