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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 Montezuma at 1479 N East St, Montezuma, IN, 47862 earns $527/mo cash flow from $1,666/mo rent with a $929/mo payment. Total monthly income totals $1,666/mo, and annual cash flow totals $6,318/yr on $62,952 capital. ROI tracks 29.95% on current figures, and rental yield reads 10.53% at a $189,900 purchase. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 over five years. Five-year ROI reaches 156.45% and total cumulative return in cash sums $98,489. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,666/mo property income instead of your personal income.
Single Family
Built in 1972
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47862, Montezuma, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 676 (100%) |
| Owner Occupied HU | 432 (63.9%) |
| Renter Occupied HU | 161 (23.8%) |
| Vacant Housing Units | 83 (12.3%) |
| Median Home Value | $105,556 |
| Average Home Value | $153,032 |
Residential
292
Single Family
292
Multi-Family
0
Businesses
38
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: MICHELLE L TUCKER • MALONE REALTY
Mls Name: THAAR
Mls ID: #107984
