








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 Hagerstown at 200 N Elm St, Hagerstown, IN, 47346 listed at $129,900 pairs $1,118/mo rent with a $636/mo payment to leave $338/mo cash flow. Total monthly income runs $1,118/mo, and annual cash flow reaches $4,056/yr on $43,062 cash to close. Return on cash invested measures 29.33% in year one, and rental yield registers 10.33% at a $129,900 basis. Equity gained on principal adds $838/yr, and annual property appreciation at 5% supports $35,889 by year five. Five-year ROI tracks 153.26% and total cumulative return in cash totals $65,995. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,118/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1928
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47346, Hagerstown, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,634 (100%) |
| Owner Occupied HU | 1,247 (76.3%) |
| Renter Occupied HU | 282 (17.3%) |
| Vacant Housing Units | 105 ( 6.4%) |
| Median Home Value | $229,688 |
| Average Home Value | $242,149 |
Residential
1,576
Single Family
1,549
Multi-Family
27
Businesses
110
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: Rhonda Duning • Coldwell Banker Lingle
Mls Name: RLMS
Mls ID: #10052566