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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 Farmland at 220 N Angling Rd, Farmland, IN, 47340 at $147,500 posts ROI 31.78% with $484/mo cash flow from $1,369/mo rent. Total monthly income equals $1,369/mo, and annual cash flow records $5,802/yr on $48,896 to close. Return on cash invested measures 31.78% and rental yield reads 11.14% at the current $147,500. Equity gained on principal adds $952/yr, and 5% annual appreciation supports $40,752 by year five. Five-year ROI prints 166.3% and total cumulative return in cash totals $81,313.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,369/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47340, Farmland, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,244 (100%) |
| Owner Occupied HU | 912 (73.3%) |
| Renter Occupied HU | 228 (18.3%) |
| Vacant Housing Units | 104 ( 8.4%) |
| Median Home Value | $156,322 |
| Average Home Value | $188,931 |
Residential
931
Single Family
931
Multi-Family
0
Businesses
55
Date | Event | Price |
|---|---|---|
| 2025-09-12 | Sold | $147,500 |
| 2025-08-05 | Pending sale | $149,900 |
| 2025-07-31 | Listed for sale | $149,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-31 | $624.72 | 53.87% | $75,600 | 8.46% |
| 2023-10-31 | $406.00 | -53.44% | $69,700 | 71.67% |
| 2022-10-31 | $872.00 | -17.74% | $40,600 | -6.88% |
Listed by: Tyler Hartzell • Tarter Realty Auction and Appraisal Company
Mls Name: IRMLS
Mls Provider:
Mls ID: #202530142
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.
