








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 Middletown at 247 N 8th St, Middletown, IN, 47356 offers a 9.19% rental yield on a $119,000 purchase with $911/mo rent. Total monthly income registers $911/mo, and a $582/mo payment leaves $197/mo available for distribution. Annual cash flow reaches $2,365/yr on $39,449 to close, and return on cash invested stands at 25.9% in year one. Equity gained on principal adds $768/yr while 5% annual appreciation supports $32,878 over five years. Portfolio math shows five-year ROI at 134.86% and total cumulative return in cash at $53,201. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $911/mo property income against a $582/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.30 Acres lot
$N/A/sqft
No HOA
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: Michelle McGuire • Golden Rule Realty, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22017528