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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 Vevay at 11779 State Road 250, Vevay, IN, 47043 generates $1,980/mo in rent, after a $2,936/mo payment. Total monthly income is $1,980/mo. Return on cash invested sits at 10.21% in year one, and rental yield is 3.96% on a $599,900 entry. Equity gained on principal adds $3,871/yr, while 5% annual appreciation builds toward $165,741 over five years. Five-year ROI reaches 50.54% and total cumulative return in cash sums $99,748. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,980/mo property income rather than buyer’s personal income.
Single Family
Built in 2014
10.61 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47043, Vevay, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,458 (100%) |
| Owner Occupied HU | 1,489 (60.6%) |
| Renter Occupied HU | 640 (26.0%) |
| Vacant Housing Units | 329 (13.4%) |
| Median Home Value | $227,024 |
| Average Home Value | $260,406 |
Residential
2,316
Single Family
2,218
Multi-Family
98
Businesses
163
Date | Event | Price |
|---|---|---|
| 2025-03-10 | Listed for sale | $599,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-12 | $2549.40 | 4.72% | $294,900 | -3.22% |
| 2022-03-12 | $2434.46 | 20.91% | $304,700 | 7.74% |
| 2021-03-12 | $2013.46 | 2.22% | $282,800 | 14.49% |
Listed by: Joseph Rider • Rider Realty LLC
Mls Name: SEIBR
Mls ID: #204552
Disclaimer: Copyright Southeastern Indiana Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
