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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 Sunman at 13126 N Penntown Rd, Sunman, IN, 47041 offers a 5.32% rental yield on a $375,000 purchase with $1,661/mo rent. 22% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 72.09% and total cumulative return in cash at $89,619. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,661/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
3 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47041, Sunman, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,387 (100%) |
| Owner Occupied HU | 1,926 (80.7%) |
| Renter Occupied HU | 315 (13.2%) |
| Vacant Housing Units | 146 ( 6.1%) |
| Median Home Value | $280,480 |
| Average Home Value | $307,567 |
Residential
2,219
Single Family
2,191
Multi-Family
28
Businesses
95
Date | Event | Price |
|---|---|---|
| 2025-04-16 | Listed for sale | $375,000 |
| 2014-06-13 | Sold | $75,000 |
| 2012-09-07 | Sold | $36,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2014-04-17 | $1691.64 | -15.86% | $112,000 | -4.84% |
| 2013-04-17 | $2010.56 | 2.54% | $117,700 | 1.12% |
| 2012-04-17 | $1960.76 | 12.79% | $116,400 | 3.47% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
