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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 202 E Jackson St, Vevay, IN, 47043 priced at $150,000 converts $1,018/mo rent into $118/mo cash flow after a $734/mo obligation. Total monthly income equals $1,018/mo, and annual cash flow totals $1,413/yr on $49,725 invested. Return on cash invested prints 22.75% in year one, and rental yield reads 8.14% against a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 117.88% and total cumulative return in cash sums $58,614. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,018/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1938
7,840 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 |
|---|---|---|
| 2025-08-09 | Listed for sale | $150,000 |
| 2022-09-07 | Sold | $104,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-12 | $409.20 | 10.74% | $68,800 | N/A |
| 2023-08-12 | $369.52 | 5.56% | $68,800 | -2.82% |
| 2022-08-12 | $350.06 | 5.03% | $70,800 | 8.59% |
Listed by: Christy Alexander • River Ridge Realtors
Mls Name: SEIBR
Mls ID: #205655
Disclaimer: Copyright Southeastern Indiana Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
