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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 Parker City at 135 N Franklin St, Parker City, IN, 47368 generates $2,039/mo in rent and, after a $1,370/mo payment, leaves $359/mo in cash flow. Total monthly income is $2,039/mo, and annual cash flow is $4,305/yr on $92,787 invested. Return on cash invested sits at 24.55% in year one, and rental yield is 8.74% on a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 127.48% and total cumulative return in cash sums $118,285. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,039/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47368, Parker City, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,166 (100%) |
| Owner Occupied HU | 853 (73.2%) |
| Renter Occupied HU | 203 (17.4%) |
| Vacant Housing Units | 110 ( 9.4%) |
| Median Home Value | $157,992 |
| Average Home Value | $187,752 |
Residential
893
Single Family
893
Multi-Family
0
Businesses
48
Date | Event | Price |
|---|---|---|
| 2025-06-10 | Listed for sale | $279,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-11 | $2016.32 | 1.58% | $205,700 | 2.19% |
| 2023-06-11 | $1984.90 | 27.07% | $201,300 | 1.62% |
| 2022-06-11 | $1562.00 | N/A | $198,100 | 26.99% |
Listed by: Andrew Wagner • Wagner Auctioneering and Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202522015
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.
