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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 Connersville at 1819 Boulevard Pl, Connersville, IN, 47331 listed at $119,999 pairs $971/mo rent with a $587/mo payment to leave $251/mo cash flow. Total monthly income runs $971/mo, and annual cash flow reaches $3,012/yr on $39,780 cash to close. Return on cash invested measures 27.48% in year one, and rental yield registers 9.71% at a $119,999 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,154 by year five. Five-year ROI tracks 143.19% and total cumulative return in cash totals $56,959. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $971/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1929
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47331, Connersville, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,782 (100%) |
| Owner Occupied HU | 6,646 (61.6%) |
| Renter Occupied HU | 3,033 (28.1%) |
| Vacant Housing Units | 1,103 (10.2%) |
| Median Home Value | $135,068 |
| Average Home Value | $179,715 |
Residential
9,963
Single Family
9,542
Multi-Family
421
Businesses
701
Date | Event | Price |
|---|---|---|
| 2025-07-23 | Listed for sale | $119,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-24 | N/A | N/A | $67,900 | -0.73% |
| 2023-07-24 | N/A | N/A | $68,400 | 11.22% |
| 2022-07-24 | N/A | N/A | $61,500 | 15.17% |
Listed by: Susannah Holtsclaw-Creech • Creech Realty, LLC
Mls Name: RLMS
Mls Provider:
Mls ID: #10051589
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.
