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 New Haven at 1511 Mac Pherson Dr, New Haven, IN, 46774 priced at $242,000 pairs $1,632/mo rent with $180/mo cash flow after a $1,184/mo payment. Total monthly income equals $1,632/mo, and annual cash flow comes to $2,157/yr on $80,223 invested. Return on cash invested is 22.6% in year one, and rental yield stands at 8.09% on a $242,000 basis. Equity gained on principal adds $1,562/yr, and 5% annual appreciation accumulates to $66,860 by year five. Five-year ROI measures 117.01% and total cumulative return in cash reaches $93,870. For financing, Ziffy Mortgage’s DSCR program evaluates $1,632/mo property income against a $1,184/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1963
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46774, New Haven, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,456 (100%) |
| Owner Occupied HU | 5,717 (76.7%) |
| Renter Occupied HU | 1,485 (19.9%) |
| Vacant Housing Units | 254 ( 3.4%) |
| Median Home Value | $214,229 |
| Average Home Value | $251,615 |
Residential
7,319
Single Family
7,319
Multi-Family
0
Businesses
419
Date | Event | Price |
|---|---|---|
| 2025-06-16 | Sold | $242,000 |
| 2025-05-31 | Pending sale | $250,000 |
| 2025-05-02 | Listed for sale | $250,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-10 | $1489.74 | -53.15% | $175,700 | 11.84% |
| 2023-10-10 | $3180.00 | 242.86% | $157,100 | -1.19% |
| 2022-10-10 | $927.50 | 69.76% | $159,000 | 24.51% |
Listed by: Raylene Webb • eXp Realty, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202515665
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.
