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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 Springville at 12663 E Hirth Ln, Springville, IN, 47462 generates $2,100/mo in rent and, after a $1,664/mo payment, leaves $59/mo in cash flow. Total monthly income is $2,100/mo, and annual cash flow is $710/yr on $112,710 invested. Return on cash invested sits at 20.54% in year one, and rental yield is 7.41% on a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 106.02% and total cumulative return in cash sums $119,490. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,100/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47462, Springville, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,250 (100%) |
| Owner Occupied HU | 1,864 (82.8%) |
| Renter Occupied HU | 230 (10.2%) |
| Vacant Housing Units | 156 ( 6.9%) |
| Median Home Value | $254,428 |
| Average Home Value | $300,248 |
Residential
2,018
Single Family
2,018
Multi-Family
0
Businesses
47
Date | Event | Price |
|---|---|---|
| 2024-09-04 | Listing removed | $324,900 |
| 2024-05-14 | Price change | $324,900 |
| 2024-05-01 | Price change | $329,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $2454.00 | 6586.65% | $258,400 | 5.30% |
| 2023-10-22 | $36.70 | N/A | $245,400 | 1.11% |
| 2022-10-22 | N/A | N/A | $242,700 | N/A |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
