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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 Springville at 18 Oak Tree Ln, Springville, IN, 47462 at $294,900 posts ROI 26.26% with $517/mo cash flow from $2,287/mo rent. Total monthly income equals $2,287/mo, and annual cash flow records $6,206/yr on $97,759 to close. Return on cash invested measures 26.26% and rental yield reads 9.31% at the current $294,900. Equity gained on principal adds $1,903/yr, and 5% annual appreciation supports $81,475 by year five. Five-year ROI prints 136.68% and total cumulative return in cash totals $133,615.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,287/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1984
1.57 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47462, Springville, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,250 (100%) |
| Owner Occupied HU | 1,864 (82.8%) |
| Renter Occupied HU | 230 (10.2%) |
| Vacant Housing Units | 156 ( 6.9%) |
| Median Home Value | $254,428 |
| Average Home Value | $300,248 |
Residential
2,018
Single Family
2,018
Multi-Family
0
Businesses
47
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: Sherry Susnick • Millican Realty
Mls Name: IRMLS
Mls ID: #202523399
