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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 Palmyra at 13955 Greene St, Palmyra, IN, 47164 generates $944/mo in rent and, after a $612/mo payment, leaves $193/mo in cash flow. Total monthly income is $944/mo, and annual cash flow is $2,322/yr on $41,438 invested. Return on cash invested sits at 25.51% in year one, and rental yield is 9.06% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 132.7% and total cumulative return in cash sums $54,989. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $944/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
16,596 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47164, Palmyra, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,602 (100%) |
| Owner Occupied HU | 1,200 (74.9%) |
| Renter Occupied HU | 292 (18.2%) |
| Vacant Housing Units | 110 ( 6.9%) |
| Median Home Value | $230,747 |
| Average Home Value | $244,842 |
Residential
1,490
Single Family
1,490
Multi-Family
0
Businesses
69
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Tammy Evans • Brixton Realty
Mls Name: SIRA
Mls ID: #2025012381
