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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 Ellettsville at 1738 S Seneca St, Ellettsville, IN, 47429 at $207,000 posts ROI 30.01% with $577/mo cash flow from $1,825/mo rent. Total monthly income equals $1,825/mo, and annual cash flow records $6,929/yr on $68,621 to close. Return on cash invested measures 30.01% and rental yield reads 10.58% at the current $207,000. Equity gained on principal adds $1,336/yr, and 5% annual appreciation supports $57,190 by year five. Five-year ROI prints 156.81% and total cumulative return in cash totals $107,602.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,825/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1975
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47429, Ellettsville, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,306 (100%) |
| Owner Occupied HU | 2,560 (77.4%) |
| Renter Occupied HU | 615 (18.6%) |
| Vacant Housing Units | 131 ( 4.0%) |
| Median Home Value | $281,209 |
| Average Home Value | $306,251 |
Residential
3,359
Single Family
3,286
Multi-Family
73
Businesses
162
Date | Event | Price |
|---|---|---|
| 2024-09-30 | Price change | $207,000 |
| 2024-09-12 | Price change | $219,900 |
| 2024-09-06 | Price change | $224,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $1780.64 | 29.88% | $192,700 | 2.07% |
| 2022-10-15 | $1371.00 | 13.14% | $188,800 | 13.87% |
| 2021-10-15 | $1211.82 | 31.61% | $165,800 | 9.51% |
Listed by: Mary McCoskey Finkle • Mainstreet Realtors
Mls Name: IRMLS
Mls Provider:
Mls ID: #202433518
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.
