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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 Markle at 185 W Mercury St, Markle, IN, 46770 priced at $235,000 pairs $0/mo rent with after a $1,150/mo payment. Total monthly income equals $0/mo. Return on cash invested is -1.82% in year one, and rental yield stands at 0% on a $235,000 basis. Equity gained on principal adds $1,516/yr, and 5% annual appreciation accumulates to $64,926 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $1,150/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1967
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46770, Markle, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,063 (100%) |
| Owner Occupied HU | 862 (81.1%) |
| Renter Occupied HU | 154 (14.5%) |
| Vacant Housing Units | 47 ( 4.4%) |
| Median Home Value | $245,548 |
| Average Home Value | $351,682 |
Residential
915
Single Family
907
Multi-Family
8
Businesses
78
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
Listed by: Isaac H Stoller • Steffen Group
Mls Name: IRMLS
Mls ID: #202525534
