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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 Romney at 11892 N 400 W, Romney, IN, 47981 listed at $210,000 pairs $1,877/mo rent with a $1,028/mo payment to leave $616/mo cash flow. Total monthly income runs $1,877/mo, and annual cash flow reaches $7,395/yr on $69,615 cash to close. Return on cash invested measures 30.53% in year one, and rental yield registers 10.73% at a $210,000 basis. Equity gained on principal adds $1,355/yr, and annual property appreciation at 5% supports $58,019 by year five. Five-year ROI tracks 159.63% and total cumulative return in cash totals $111,124. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,877/mo property income relative to a $1,028/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1996
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47981, Romney, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 313 (100%) |
| Owner Occupied HU | 266 (85.0%) |
| Renter Occupied HU | 36 (11.5%) |
| Vacant Housing Units | 11 ( 3.5%) |
| Median Home Value | $334,746 |
| Average Home Value | $347,556 |
Residential
276
Single Family
276
Multi-Family
0
Businesses
17
Date | Event | Price |
|---|---|---|
| 2025-04-30 | Listed for sale | $210,000 |
| 2020-07-28 | Sold | $135,000 |
| 2020-06-17 | Pending sale | $134,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-01 | $543.36 | -16.68% | $142,600 | 7.14% |
| 2023-05-01 | $652.12 | 46.26% | $133,100 | -3.76% |
| 2022-05-01 | $445.86 | 43.35% | $138,300 | 23.81% |
Listed by: Cathy C Russell • @properties
Mls Name: IRMLS
Mls Provider:
Mls ID: #202515217
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.
