








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 Sunman at 24870 Ester Ridge Rd, Sunman, IN, 47041 uses $115,992 cash to close to unlock $914/yr annual cash flow and $76/mo monthly cash flow. Total monthly income runs $2,177/mo, and a $1,713/mo payment keeps the spread at $76/mo. Purchase price stands at $349,900, and rental yield measures 7.47% with $2,177/mo rent. Return on cash invested shows 20.7% in year one, and 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 106.85% and total cumulative return in cash records $123,942. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,177/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 2000
1.57 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47041, Sunman, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,387 (100%) |
| Owner Occupied HU | 1,926 (80.7%) |
| Renter Occupied HU | 315 (13.2%) |
| Vacant Housing Units | 146 ( 6.1%) |
| Median Home Value | $280,480 |
| Average Home Value | $307,567 |
Residential
2,219
Single Family
2,191
Multi-Family
28
Businesses
95
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: N/A • N/A
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Mls ID: #N/A