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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 Rising Sun at 15748 Red Hog Pike, Rising Sun, IN, 47040 offers a 10.31% rental yield on a $139,600 purchase with $1,199/mo rent. Total monthly income registers $1,199/mo, and a $683/mo payment leaves $361/mo available for distribution. Annual cash flow reaches $4,335/yr on $46,277 to close, and return on cash invested stands at 29.28% in year one. Equity gained on principal adds $901/yr while 5% annual appreciation supports $38,569 over five years. Portfolio math shows five-year ROI at 152.9% and total cumulative return in cash at $70,757. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,199/mo property income against a $683/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
2.15 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47040, Rising Sun, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,432 (100%) |
| Owner Occupied HU | 1,598 (65.7%) |
| Renter Occupied HU | 576 (23.7%) |
| Vacant Housing Units | 258 (10.6%) |
| Median Home Value | $199,459 |
| Average Home Value | $255,566 |
Residential
2,305
Single Family
2,135
Multi-Family
170
Businesses
126
Date | Event | Price |
|---|---|---|
| 2025-07-07 | Listing removed | $127,500 |
| 2025-06-16 | Listed for sale | $127,500 |
| 2013-05-21 | Sold | $38,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-29 | $257.52 | 15.21% | $42,100 | N/A |
| 2023-10-29 | $223.52 | 3.84% | $42,100 | -1.17% |
| 2022-10-29 | $215.26 | -3.25% | $42,600 | 5.71% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
