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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 Gas City at 123 E North C St, Gas City, IN, 46933 at $118,000 posts ROI 39.89% with $651/mo cash flow from $1,360/mo rent. Total monthly income equals $1,360/mo, and annual cash flow records $7,815/yr on $39,117 to close. Return on cash invested measures 39.89% and rental yield reads 13.83% at the current $118,000. Equity gained on principal adds $761/yr, and 5% annual appreciation supports $32,601 by year five. Five-year ROI prints 209.87% and total cumulative return in cash totals $82,095.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,360/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1910
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46933, Gas City, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,947 (100%) |
| Owner Occupied HU | 1,943 (65.9%) |
| Renter Occupied HU | 776 (26.3%) |
| Vacant Housing Units | 228 ( 7.7%) |
| Median Home Value | $124,795 |
| Average Home Value | $191,109 |
Residential
2,829
Single Family
2,760
Multi-Family
69
Businesses
247
Date | Event | Price |
|---|---|---|
| 2024-11-01 | Sold | $118,000 |
| 2024-08-15 | Listed for sale | $120,000 |
| 2007-07-13 | Sold | $13,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $541.28 | 32.58% | $91,400 | 6.53% |
| 2023-11-02 | $408.28 | 8.34% | $85,800 | 16.58% |
| 2022-11-02 | $376.84 | 9.04% | $73,600 | 9.20% |
Listed by: Lindsay Howell • Howell Realty Group, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202431040
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.
