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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 Frankfort at 1722 E Clinton St, Frankfort, IN, 46041 listed at $167,900 pairs $1,348/mo rent with a $822/mo payment to leave $340/mo cash flow. Total monthly income runs $1,348/mo, and annual cash flow reaches $4,079/yr on $55,659 cash to close. Return on cash invested measures 27.24% in year one, and rental yield registers 9.63% at a $167,900 basis. Equity gained on principal adds $1,083/yr, and annual property appreciation at 5% supports $46,388 by year five. Five-year ROI tracks 141.9% and total cumulative return in cash totals $78,982. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,348/mo property income relative to a $822/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46041, Frankfort, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,792 (100%) |
| Owner Occupied HU | 6,307 (64.4%) |
| Renter Occupied HU | 2,766 (28.2%) |
| Vacant Housing Units | 719 ( 7.3%) |
| Median Home Value | $177,745 |
| Average Home Value | $249,421 |
Residential
9,312
Single Family
8,983
Multi-Family
329
Businesses
701
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: Alex C Risse • Risse Realty
Mls Name: IRMLS
Mls ID: #202531462
