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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 Bunker Hill at 121 S John St, Bunker Hill, IN, 46914 offers $1,327/mo rent that, after a $1,370/mo payment. Total monthly income is $1,327/mo. Return on cash invested measures 15.34% in year one, and rental yield stands at 5.69% at a $279,900 entry. Equity gained on principal adds $1,806/yr while 5% annual appreciation compounds into $77,331 by year five. Five-year ROI records 78.1% and total cumulative return in cash reaches $72,469. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,327/mo property income versus a $1,370/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2000
3.67 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46914, Bunker Hill, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 877 (100%) |
| Owner Occupied HU | 633 (72.2%) |
| Renter Occupied HU | 157 (17.9%) |
| Vacant Housing Units | 87 ( 9.9%) |
| Median Home Value | $172,832 |
| Average Home Value | $274,510 |
Residential
555
Single Family
555
Multi-Family
0
Businesses
39
Date | Event | Price |
|---|---|---|
| 2024-11-06 | Price change | $279,900 |
| 2024-10-26 | Listed for sale | $289,900 |
| 2021-10-29 | Sold | $133,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-20 | $1274.08 | 1.46% | $124,900 | -1.11% |
| 2022-11-20 | $1255.74 | 5.11% | $126,300 | 8.23% |
| 2021-11-20 | $1194.68 | 1.38% | $116,700 | -0.93% |
Listed by: Trisha Bailey • Patton Hall Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202441581
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.
