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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 Connersville at 1308 W 6th St, Connersville, IN, 47331 earns $455/mo cash flow from $1,226/mo rent with a $629/mo payment. Total monthly income totals $1,226/mo, and annual cash flow totals $5,455/yr on $42,598 capital. ROI tracks 32.71% on current figures, and rental yield reads 11.45% at a $128,500 purchase. Equity gained on principal adds $829/yr, and 5% annual appreciation supports $35,502 over five years. Five-year ROI reaches 171.3% and total cumulative return in cash sums $72,972. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,226/mo property income instead of your personal income.
Single Family
Built in 1965
9,452 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47331, Connersville, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,782 (100%) |
| Owner Occupied HU | 6,646 (61.6%) |
| Renter Occupied HU | 3,033 (28.1%) |
| Vacant Housing Units | 1,103 (10.2%) |
| Median Home Value | $135,068 |
| Average Home Value | $179,715 |
Residential
9,963
Single Family
9,542
Multi-Family
421
Businesses
701
Date | Event | Price |
|---|---|---|
| 2025-02-19 | Listing removed | $134,900 |
| 2025-01-14 | Price change | $134,900 |
| 2024-08-20 | Listed for sale | $149,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | N/A | N/A | $84,200 | 11.82% |
| 2023-10-22 | N/A | N/A | $75,300 | 3.15% |
| 2022-10-22 | N/A | N/A | $73,000 | 24.79% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
