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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 Harlan at 17612 State Road 37, Harlan, IN, 46743 generates $1,958/mo in rent and, after a $1,219/mo payment, leaves $463/mo in cash flow. Total monthly income is $1,958/mo, and annual cash flow is $5,556/yr on $82,544 invested. Return on cash invested sits at 26.64% in year one, and rental yield is 9.44% on a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 138.76% and total cumulative return in cash sums $114,536. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,958/mo property income rather than buyer’s personal income.
Single Family
Built in 1904
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46743, Harlan, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 837 (100%) |
| Owner Occupied HU | 674 (80.5%) |
| Renter Occupied HU | 110 (13.1%) |
| Vacant Housing Units | 53 ( 6.3%) |
| Median Home Value | $327,852 |
| Average Home Value | $340,204 |
Residential
690
Single Family
690
Multi-Family
0
Businesses
74
Date | Event | Price |
|---|---|---|
| 2025-08-15 | Sold | $249,000 |
| 2025-07-08 | Pending sale | $249,000 |
| 2025-06-11 | Listed for sale | $249,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $1438.00 | 12.26% | $234,000 | 14.09% |
| 2023-10-23 | $1280.96 | 16.64% | $205,100 | 12.14% |
| 2022-10-23 | $1098.22 | 8.84% | $182,900 | 17.24% |
Listed by: Andy Miller • RE/MAX Results
Mls Name: IRMLS
Mls Provider:
Mls ID: #202522144
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.
