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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% |
Rental property for sale in Sharpsville at 230 W Walnut St, Sharpsville, IN, 46068 priced at $230,000 converts $1,368/mo rent into after a $1,126/mo obligation. Total monthly income equals $1,368/mo. Return on cash invested prints 19.71% in year one, and rental yield reads 7.14% against a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,545 by year five. Five-year ROI reaches 101.57% and total cumulative return in cash sums $77,443. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,368/mo property income covering a $1,126/mo payment, not borrower’s personal income.
Single Family
Built in 1965
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46068, Sharpsville, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,055 (100%) |
| Owner Occupied HU | 890 (84.4%) |
| Renter Occupied HU | 91 ( 8.6%) |
| Vacant Housing Units | 74 ( 7.0%) |
| Median Home Value | $201,325 |
| Average Home Value | $216,837 |
Residential
904
Single Family
904
Multi-Family
0
Businesses
31
Date | Event | Price |
|---|---|---|
| 2025-03-16 | Listed for sale | $230,000 |
| 2024-04-04 | Listing removed | $175,000 |
| 2024-03-17 | Pending sale | $175,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-19 | $1120.22 | 11.96% | $85,900 | 3.00% |
| 2022-03-19 | $1000.52 | 9.42% | $83,400 | 8.59% |
| 2021-03-19 | $914.38 | -2.82% | $76,800 | 1.72% |
Listed by: Doug Heron • eXp Realty LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202508505
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.
