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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% |
Total monthly income runs $1,440/mo, and a $1,224/mo payment. Purchase price stands at $250,000, and rental yield measures 6.91% with $1,440/mo rent. Return on cash invested shows 19.02% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 97.85% and total cumulative return in cash records $81,094. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,440/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 2024
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47446, Mitchell, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,285 (100%) |
| Owner Occupied HU | 3,046 (71.1%) |
| Renter Occupied HU | 767 (17.9%) |
| Vacant Housing Units | 472 (11.0%) |
| Median Home Value | $180,587 |
| Average Home Value | $220,742 |
Residential
4,131
Single Family
4,075
Multi-Family
56
Businesses
276
Date | Event | Price |
|---|---|---|
| 2025-08-15 | Sold | $250,000 |
| 2025-02-27 | Listed for sale | $284,000 |
| 2025-02-27 | Listing removed | $284,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Meredith Lux • Hawkins & Root Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202506145
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.
