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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 West Harrison at 1818 Sonoma Ln #5-C, West Harrison, IN, 47060 generates $2,790/mo in rent and, after a $1,672/mo payment, leaves $739/mo in cash flow. Total monthly income is $2,790/mo, and annual cash flow is $8,871/yr on $113,274 invested. Return on cash invested sits at 27.74% in year one, and rental yield is 9.8% on a $341,700 entry. Equity gained on principal adds $2,205/yr, while 5% annual appreciation builds toward $94,405 over five years. Five-year ROI reaches 144.63% and total cumulative return in cash sums $163,824. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,790/mo property income rather than buyer’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47060, West Harrison, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,947 (100%) |
| Owner Occupied HU | 2,442 (82.9%) |
| Renter Occupied HU | 375 (12.7%) |
| Vacant Housing Units | 130 ( 4.4%) |
| Median Home Value | $316,798 |
| Average Home Value | $332,482 |
Residential
2,955
Single Family
2,897
Multi-Family
58
Businesses
113
Date | Event | Price |
|---|---|---|
| 2020-03-20 | Sold | $199,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-12 | $1791.84 | -4.89% | $208,300 | N/A |
| 2023-10-12 | $1883.96 | -3.84% | $208,300 | N/A |
| 2022-10-12 | $1959.22 | 2.23% | $208,300 | N/A |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
