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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 Coal City at 14732 State Highway 246, Coal City, IN, 47427 listed at $399,900 pairs $1,543/mo rent with a $1,957/mo payment. Total monthly income runs $1,543/mo. Return on cash invested measures 12.15% in year one, and rental yield registers 4.63% at a $399,900 basis. Equity gained on principal adds $2,580/yr, and annual property appreciation at 5% supports $110,485 by year five. Five-year ROI tracks 60.99% and total cumulative return in cash totals $80,852. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,543/mo property income relative to a $1,957/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1957
40 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47427, Coal City, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 487 (100%) |
| Owner Occupied HU | 358 (73.5%) |
| Renter Occupied HU | 54 (11.1%) |
| Vacant Housing Units | 75 (15.4%) |
| Median Home Value | $188,889 |
| Average Home Value | $261,075 |
Residential
432
Single Family
432
Multi-Family
0
Businesses
7
Date | Event | Price |
|---|---|---|
| 2025-04-21 | Listed for sale | $399,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-23 | $1255.14 | 12.47% | $185,100 | 12.18% |
| 2023-04-23 | $1115.98 | 13.79% | $165,000 | 16.94% |
| 2022-04-23 | $980.72 | 10.06% | $141,100 | 18.37% |
Listed by: Chris Wesley • REMAX SELECT ASSOCIATES, INC
Mls Name: THAAR
Mls Provider:
Mls ID: #106102
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Terre Haute Area Association of Realtors. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. Copyright 2025 Terre Haute Area Association of Realtors. All Rights Reserved. Last Updated: 2025-04-23 07:33:19 PDT
