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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% |
Investment property for sale in Hamlet at 204 S Starke St, Hamlet, IN, 46532 at $134,500 posts ROI 30.13% with $380/mo cash flow from $1,187/mo rent. Total monthly income equals $1,187/mo, and annual cash flow records $4,559/yr on $44,587 to close. Return on cash invested measures 30.13% and rental yield reads 10.59% at the current $134,500. Equity gained on principal adds $868/yr, and 5% annual appreciation supports $37,160 by year five. Five-year ROI prints 157.44% and total cumulative return in cash totals $70,200.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,187/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1951
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46532, Hamlet, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 792 (100%) |
| Owner Occupied HU | 587 (74.1%) |
| Renter Occupied HU | 146 (18.4%) |
| Vacant Housing Units | 59 ( 7.4%) |
| Median Home Value | $163,750 |
| Average Home Value | $201,116 |
Residential
566
Single Family
566
Multi-Family
0
Businesses
43
Date | Event | Price |
|---|---|---|
| 2024-11-01 | Listing removed | $115,000 |
| 2024-07-17 | Price change | $115,000 |
| 2024-06-13 | Price change | $129,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-31 | $1114.48 | 22.66% | $120,900 | 7.85% |
| 2023-10-31 | $908.56 | 73.85% | $112,100 | 15.57% |
| 2022-10-31 | $522.60 | 12.70% | $97,000 | 38.77% |
Listed by: N/A • N/A
Mls Name: Coldwell Banker Real Estate Group
Mls Provider:
Mls ID: #202413379
