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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 Michigantown at 210 Ohio St, Michigantown, IN, 46057 priced at $204,900 pairs $0/mo rent with after a $1,003/mo payment. Total monthly income equals $0/mo. Return on cash invested is -1.82% in year one, and rental yield stands at 0% on a $204,900 basis. Equity gained on principal adds $1,322/yr, and 5% annual appreciation accumulates to $56,610 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $1,003/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46057, Michigantown, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 447 (100%) |
| Owner Occupied HU | 299 (66.9%) |
| Renter Occupied HU | 91 (20.4%) |
| Vacant Housing Units | 57 (12.8%) |
| Median Home Value | $247,159 |
| Average Home Value | $254,448 |
Residential
251
Single Family
251
Multi-Family
0
Businesses
33
Date | Event | Price |
|---|---|---|
| 2025-09-13 | Listed for sale | $204,900 |
| 2025-09-08 | Listing removed | $209,900 |
| 2025-07-25 | Listed for sale | $209,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-16 | $1677.00 | 356.10% | $81,400 | 4.36% |
| 2022-09-16 | $367.68 | 2.49% | $78,000 | 7.14% |
| 2021-09-16 | $358.74 | -6.98% | $72,800 | N/A |
No similar rental properties found nearby.
Listed by: Steve Martin • Homeward Bound Realty LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22062640
Disclaimer: Based on information submitted to the MLS GRID as of 2025-09-16 07:58:22 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
