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% |
Rental property for sale in Decatur at 140 Brandywine Ln, Decatur, IN, 46733 offers $2,321/mo rent that, after a $1,542/mo payment, leaves $430/mo cash flow. Total monthly income is $2,321/mo, and annual cash flow is $5,158/yr on $104,423 cash. Return on cash invested measures 24.85% in year one, and rental yield stands at 8.84% at a $315,000 entry. Equity gained on principal adds $2,033/yr while 5% annual appreciation compounds into $87,029 by year five. Five-year ROI records 129.07% and total cumulative return in cash reaches $134,777. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,321/mo property income versus a $1,542/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46733, Decatur, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,091 (100%) |
| Owner Occupied HU | 5,906 (73.0%) |
| Renter Occupied HU | 1,700 (21.0%) |
| Vacant Housing Units | 485 ( 6.0%) |
| Median Home Value | $216,630 |
| Average Home Value | $273,796 |
Residential
7,603
Single Family
7,462
Multi-Family
141
Businesses
584
Date | Event | Price |
|---|---|---|
| 2025-09-22 | Sold | $315,000 |
| 2025-08-22 | Listed for sale | $315,000 |
| 2021-09-24 | Sold | $230,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $2240.00 | 3.70% | $245,500 | 9.89% |
| 2023-10-22 | $2160.00 | 10.60% | $223,400 | 3.28% |
| 2022-10-22 | $1953.00 | 6.66% | $216,300 | 10.58% |
What's Special
Pull Down Stairs
Listed by: Andrew Morken • Morken Real Estate Services, Inc.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202533689
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.
