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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 Rising Sun at 2337 State Route 156, Rising Sun, IN, 47040 offers a 7.26% rental yield on a $345,000 purchase with $2,087/mo rent. Total monthly income registers $2,087/mo, and a $1,689/mo payment leaves $16/mo available for distribution. Annual cash flow reaches $187/yr on $114,368 to close, and return on cash invested stands at 20.07% in year one. Equity gained on principal adds $2,226/yr while 5% annual appreciation supports $95,317 over five years. Portfolio math shows five-year ROI at 103.49% and total cumulative return in cash at $118,360. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,087/mo property income against a $1,689/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
4.46 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47040, Rising Sun, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,432 (100%) |
| Owner Occupied HU | 1,598 (65.7%) |
| Renter Occupied HU | 576 (23.7%) |
| Vacant Housing Units | 258 (10.6%) |
| Median Home Value | $199,459 |
| Average Home Value | $255,566 |
Residential
2,305
Single Family
2,135
Multi-Family
170
Businesses
126
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: Stacey Craig • Lohmiller Real Estate
Mls Name: SEIBR
Mls ID: #205569
