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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 French Lick at 11997 E State Road 56, French Lick, IN, 47432 listed at $229,700 pairs $0/mo rent with a $1,124/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -1.82% in year one, and rental yield registers 0% at a $229,700 basis. Equity gained on principal adds $1,482/yr, and annual property appreciation at 5% supports $63,462 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $1,124/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1949
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47432, French Lick, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,152 (100%) |
| Owner Occupied HU | 1,401 (65.1%) |
| Renter Occupied HU | 481 (22.4%) |
| Vacant Housing Units | 270 (12.5%) |
| Median Home Value | $171,228 |
| Average Home Value | $188,499 |
Residential
1,950
Single Family
1,872
Multi-Family
78
Businesses
142
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
Listed by: Brenda S Welsh • SELL4FREE-WELSH REALTY CORPORATION
Mls Name: IRMLS
Mls ID: #202529788
