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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 Vevay at 201 N Cedar Ave, Vevay, IN, 47043 priced at $210,000 converts $1,027/mo rent into after a $1,028/mo obligation. Total monthly income equals $1,027/mo. Return on cash invested prints 15.88% in year one, and rental yield reads 5.87% against a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation compiles into $58,019 by year five. Five-year ROI reaches 81.06% and total cumulative return in cash sums $56,428. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,027/mo property income covering a $1,028/mo payment, not borrower’s personal income.
Single Family
Built in 1954
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47043, Vevay, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,458 (100%) |
| Owner Occupied HU | 1,489 (60.6%) |
| Renter Occupied HU | 640 (26.0%) |
| Vacant Housing Units | 329 (13.4%) |
| Median Home Value | $227,024 |
| Average Home Value | $260,406 |
Residential
2,316
Single Family
2,218
Multi-Family
98
Businesses
163
Date | Event | Price |
|---|---|---|
| 2025-03-23 | Listed for sale | $210,000 |
| 2018-11-21 | Listing removed | $89,900 |
| 2018-09-29 | Price change | $89,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-25 | $428.44 | 9.35% | $79,800 | 3.50% |
| 2022-03-25 | $391.82 | 6.09% | $77,100 | 7.68% |
| 2021-03-25 | $369.34 | -2.65% | $71,600 | 3.92% |
Listed by: Christy Alexander • River Ridge Realtors
Mls Name: SEIBR
Mls ID: #204665
Disclaimer: Copyright Southeastern Indiana Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
