Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Mitchell at 1986 Dixie Hwy, Mitchell, IN, 47446 uses $86,157 cash to close to unlock $3,599/yr annual cash flow and $300/mo monthly cash flow. Total monthly income runs $1,860/mo, and a $1,272/mo payment keeps the spread at $300/mo. Purchase price stands at $259,900, and rental yield measures 8.59% with $1,860/mo rent. Return on cash invested shows 24.09% in year one, and 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 124.97% and total cumulative return in cash records $107,674. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,860/mo property income covering a $1,272/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47446, Mitchell, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,285 (100%) |
| Owner Occupied HU | 3,046 (71.1%) |
| Renter Occupied HU | 767 (17.9%) |
| Vacant Housing Units | 472 (11.0%) |
| Median Home Value | $180,587 |
| Average Home Value | $220,742 |
Residential
4,131
Single Family
4,075
Multi-Family
56
Businesses
276
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: Donald B Blackwell • The Real Estate Co.
Mls Name: IRMLS
Mls ID: #202528357
