








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 Williamsport at 123 W 3rd St, Williamsport, IN, 47993 with 5% annual appreciation on a $150,000 basis while $1,562/mo rent supports operations. Total monthly income totals $1,562/mo and a $734/mo payment preserves $662/mo for cash returns. Annual cash flow comes to $7,941/yr on $49,725 deployed, and return on cash invested reaches 35.88% in year one. Equity gained on principal adds $968/yr, and five-year appreciation sums $41,442 alongside rental yield of 12.5%. Five-year ROI measures 188.25% and total cumulative return in cash totals $93,606.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,562/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1910
1.95 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47993, Williamsport, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,677 (100%) |
| Owner Occupied HU | 1,194 (71.2%) |
| Renter Occupied HU | 337 (20.1%) |
| Vacant Housing Units | 146 ( 8.7%) |
| Median Home Value | $154,861 |
| Average Home Value | $193,492 |
Residential
1,591
Single Family
1,591
Multi-Family
0
Businesses
120
Date | Event | Price |
|---|---|---|
| 2025-07-21 | Sold | $150,000 |
| 2025-05-19 | Price change | $148,000 |
| 2025-05-15 | Listed for sale | $149,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-27 | $658.10 | 10.85% | $122,400 | 3.38% |
| 2023-10-27 | $593.66 | 82.37% | $118,400 | 9.02% |
| 2022-10-27 | $325.52 | 20.07% | $108,600 | 20.40% |



Listed by: Brian Craft • Warren Agency
Mls Name: IRMLS
Mls Provider:
Mls ID: #202517705
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.