








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 Austin at 234 S 5th St, Austin, IN, 47102 generates $1,354/mo in rent and, after a $856/mo payment, leaves $304/mo in cash flow. Total monthly income is $1,354/mo, and annual cash flow is $3,650/yr on $57,979 invested. Return on cash invested sits at 26.2% in year one, and rental yield is 9.29% on a $174,900 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,322 over five years. Five-year ROI reaches 136.41% and total cumulative return in cash sums $79,092. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,354/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47102, Austin, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,141 (100%) |
| Owner Occupied HU | 1,881 (59.9%) |
| Renter Occupied HU | 992 (31.6%) |
| Vacant Housing Units | 268 ( 8.5%) |
| Median Home Value | $160,398 |
| Average Home Value | $189,765 |
Residential
2,824
Single Family
2,824
Multi-Family
0
Businesses
121
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: Tamara Barger • Kovener & Associates Real Esta
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22057531