








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 Parker City at 214 N 3rd St, Parker City, IN, 47368 listed at $174,900 pairs $1,678/mo rent with a $856/mo payment to leave $628/mo cash flow. Total monthly income runs $1,678/mo, and annual cash flow reaches $7,538/yr on $57,979 cash to close. Return on cash invested measures 32.91% in year one, and rental yield registers 11.51% at a $174,900 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,322 by year five. Five-year ROI tracks 172.41% and total cumulative return in cash totals $99,960. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,678/mo property income relative to a $856/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1953
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47368, Parker City, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,166 (100%) |
| Owner Occupied HU | 853 (73.2%) |
| Renter Occupied HU | 203 (17.4%) |
| Vacant Housing Units | 110 ( 9.4%) |
| Median Home Value | $157,992 |
| Average Home Value | $187,752 |
Residential
893
Single Family
893
Multi-Family
0
Businesses
48
Date | Event | Price |
|---|---|---|
| 2025-04-23 | Listed for sale | $174,900 |
| 2025-02-19 | Sold | $60,000 |
| 2010-11-24 | Sold | $62,400 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-24 | $502.62 | -9.65% | $80,700 | 4.26% |
| 2023-04-24 | $556.30 | 18.73% | $77,400 | -1.28% |
| 2022-04-24 | $468.56 | -0.42% | $78,400 | 15.29% |



Listed by: Austin Rich • NextHome Elite Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514094
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.