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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 Lebanon at 1711 Lafayette Ave UNIT 19, Lebanon, IN, 46052 offers a 11.82% rental yield on a $250,000 purchase with $2,462/mo rent. Total monthly income registers $2,462/mo, and a $1,224/mo payment leaves $961/mo available for distribution. Annual cash flow reaches $11,531/yr on $82,875 to close, and return on cash invested stands at 33.82% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 177.2% and total cumulative return in cash at $146,854. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,462/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46052, Lebanon, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,620 (100%) |
| Owner Occupied HU | 7,092 (66.8%) |
| Renter Occupied HU | 2,845 (26.8%) |
| Vacant Housing Units | 683 ( 6.4%) |
| Median Home Value | $249,031 |
| Average Home Value | $321,785 |
Residential
10,065
Single Family
9,322
Multi-Family
743
Businesses
800
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: Richard Stevens • D.M. Taylor Realty LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22060257
