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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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No similar rental properties found nearby.
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 Paragon at 252 W Harrison St, Paragon, IN, 46166 generates $0/mo in rent, after a $905/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -1.81% in year one, and rental yield is 0% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46166, Paragon, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 976 (100%) |
| Owner Occupied HU | 751 (76.9%) |
| Renter Occupied HU | 158 (16.2%) |
| Vacant Housing Units | 67 ( 6.9%) |
| Median Home Value | $222,679 |
| Average Home Value | $236,441 |
Residential
703
Single Family
703
Multi-Family
0
Businesses
35
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
Listed by: Nicole Stanley • RE/MAX Cornerstone
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22070339
