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 Decatur at 225 W Rugg St, Decatur, IN, 46733 generates $936/mo in rent and, after a $587/mo payment, leaves $216/mo in cash flow. Total monthly income is $936/mo, and annual cash flow is $2,593/yr on $39,747 invested. Return on cash invested sits at 26.43% in year one, and rental yield is 9.37% on a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 137.73% and total cumulative return in cash sums $54,744. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $936/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
7,840 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 |
|---|---|---|
| 2025-04-30 | Listed for sale | $119,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-01 | $198.68 | 2.00% | $108,000 | 8.43% |
| 2023-05-01 | $194.78 | 2.00% | $99,600 | 6.87% |
| 2022-05-01 | $190.96 | 2.00% | $93,200 | 8.50% |
Listed by: Corey L Affolder • ABC Real Estate, Inc.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202515263
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.
