Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Ellettsville at 220 W Ritter St, Ellettsville, IN, 47429 offers $958/mo rent that, after a $612/mo payment, leaves $171/mo cash flow. Total monthly income is $958/mo, and annual cash flow is $2,053/yr on $41,438 cash. Return on cash invested measures 24.86% in year one, and rental yield stands at 9.2% at a $125,000 entry. Equity gained on principal adds $807/yr while 5% annual appreciation compounds into $34,535 by year five. Five-year ROI records 129.66% and total cumulative return in cash reaches $53,729. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $958/mo property income versus a $612/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47429, Ellettsville, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,306 (100%) |
| Owner Occupied HU | 2,560 (77.4%) |
| Renter Occupied HU | 615 (18.6%) |
| Vacant Housing Units | 131 ( 4.0%) |
| Median Home Value | $281,209 |
| Average Home Value | $306,251 |
Residential
3,359
Single Family
3,286
Multi-Family
73
Businesses
162
Date | Event | Price |
|---|---|---|
| 2024-10-07 | Listed for sale | $125,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $1473.50 | 11.43% | $165,200 | 2.99% |
| 2022-10-15 | $1322.32 | 15.46% | $160,400 | 15.56% |
| 2021-10-15 | $1145.22 | 34.84% | $138,800 | 12.57% |
Listed by: Dan Rarey • Dan Rarey Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202438815
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.
