Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Canaan at 13878 Pleasant Grove Rd, Canaan, IN, 47224 earns from $1,307/mo rent with a $1,615/mo payment. Total monthly income totals $1,307/mo. ROI tracks 12.52% on current figures, and rental yield reads 4.75% at a $329,900 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,145 over five years. Five-year ROI reaches 62.99% and total cumulative return in cash sums $68,883. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,307/mo property income instead of your personal income.
Single Family
Built in 1994
5 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47224, Canaan, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 241 (100%) |
| Owner Occupied HU | 182 (75.5%) |
| Renter Occupied HU | 30 (12.4%) |
| Vacant Housing Units | 29 (12.0%) |
| Median Home Value | $270,690 |
| Average Home Value | $276,442 |
Residential
238
Single Family
238
Multi-Family
0
Businesses
7
Date | Event | Price |
|---|---|---|
| 2025-03-19 | Listed for sale | $329,900 |
| 2019-02-07 | Sold | $64,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-20 | $552.50 | 9.49% | $96,000 | -0.93% |
| 2022-03-20 | $504.60 | 6.19% | $96,900 | 7.91% |
| 2021-03-20 | $475.18 | 3.72% | $89,800 | 4.66% |
Listed by: Bradley Baldwin • Rider Realty LLC
Mls Name: SEIBR
Mls ID: #204626
Disclaimer: Copyright Southeastern Indiana Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
