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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 Decatur at 221 N 3rd St, Decatur, IN, 46733 uses $54,698 cash to close to unlock $4,021/yr annual cash flow and $335/mo monthly cash flow. Total monthly income runs $1,326/mo, and a $808/mo payment keeps the spread at $335/mo. Purchase price stands at $165,000, and rental yield measures 9.64% with $1,326/mo rent. Return on cash invested shows 27.26% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 142.1% and total cumulative return in cash records $77,723. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,326/mo property income covering a $808/mo payment rather than investor’s personal income.
Single Family
Built in 1840
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46733, Decatur, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,091 (100%) |
| Owner Occupied HU | 5,906 (73.0%) |
| Renter Occupied HU | 1,700 (21.0%) |
| Vacant Housing Units | 485 ( 6.0%) |
| Median Home Value | $216,630 |
| Average Home Value | $273,796 |
Residential
7,603
Single Family
7,462
Multi-Family
141
Businesses
584
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Brevin Slusher • Krueckeberg Auction And Realty
Mls Name: IRMLS
Mls ID: #202548652
