




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 204 E Pike St, Vevay, IN, 47043 offers $1,157/mo rent that, after a $631/mo payment, leaves $383/mo cash flow. Total monthly income is $1,157/mo, and annual cash flow is $4,598/yr on $42,730 cash. Return on cash invested measures 30.67% in year one, and rental yield stands at 10.77% at a $128,900 entry. Equity gained on principal adds $832/yr while 5% annual appreciation compounds into $35,613 by year five. Five-year ROI records 160.4% and total cumulative return in cash reaches $68,537. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,157/mo property income versus a $631/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1986
7,000 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 |
|---|---|---|
| 2025-02-19 | Listing removed | $147,500 |
| 2024-08-20 | Listed for sale | $147,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-03 | $857.38 | -1.35% | $42,200 | N/A |
| 2023-11-03 | $869.14 | 1.21% | $42,200 | -1.63% |
| 2022-11-03 | $858.76 | 0.11% | $42,900 | 1.66% |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A