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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 Summitville at 208 E Walnut St, Summitville, IN, 46070 with 5% annual appreciation on a $153,300 basis while $1,417/mo rent supports operations. Total monthly income totals $1,417/mo and a $750/mo payment preserves $497/mo for cash returns. Annual cash flow comes to $5,965/yr on $50,819 deployed, and return on cash invested reaches 31.65% in year one. Equity gained on principal adds $989/yr, and five-year appreciation sums $42,354 alongside rental yield of 11.09%. Five-year ROI measures 165.64% and total cumulative return in cash totals $84,178.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,417/mo property income versus a $750/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1952
6,095 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46070, Summitville, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 985 (100%) |
| Owner Occupied HU | 764 (77.6%) |
| Renter Occupied HU | 147 (14.9%) |
| Vacant Housing Units | 74 ( 7.5%) |
| Median Home Value | $195,982 |
| Average Home Value | $197,592 |
Residential
722
Single Family
722
Multi-Family
0
Businesses
24
Date | Event | Price |
|---|---|---|
| 2025-03-24 | Listing removed | $135,000 |
| 2025-02-10 | Price change | $135,000 |
| 2024-11-25 | Price change | $145,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-25 | $591.70 | 126.19% | $48,300 | 9.28% |
| 2023-10-25 | $261.60 | -70.27% | $44,200 | -6.95% |
| 2022-10-25 | $880.00 | 5.01% | $47,500 | 7.95% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
