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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% |
Rental property for sale in Morgantown at 162 W Robertson Rd, Morgantown, IN, 46160 generates $1,696/mo in rent and, after a $896/mo payment, leaves $597/mo in cash flow. Total monthly income is $1,696/mo, and annual cash flow is $7,166/yr on $60,665 invested. Return on cash invested sits at 31.72% in year one, and rental yield is 11.12% on a $183,000 entry. Equity gained on principal adds $1,181/yr, while 5% annual appreciation builds toward $50,560 over five years. Five-year ROI reaches 166% and total cumulative return in cash sums $100,703. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,696/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46160, Morgantown, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,890 (100%) |
| Owner Occupied HU | 2,204 (76.3%) |
| Renter Occupied HU | 377 (13.0%) |
| Vacant Housing Units | 309 (10.7%) |
| Median Home Value | $254,857 |
| Average Home Value | $319,090 |
Residential
2,618
Single Family
2,618
Multi-Family
0
Businesses
119
Date | Event | Price |
|---|---|---|
| 2025-07-01 | Listing removed | $189,900 |
| 2025-06-26 | Price change | $189,900 |
| 2025-06-18 | Listed for sale | $199,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-30 | $365.50 | -5.43% | $157,600 | 6.06% |
| 2023-10-30 | $386.48 | 21.91% | $148,600 | 9.59% |
| 2022-10-30 | $317.02 | 37.10% | $135,600 | 20.21% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
