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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% |
Rental property for sale in Grovertown at 2520 N 1025 E, Grovertown, IN, 46531 generates $1,330/mo in rent, after a $1,272/mo payment. Total monthly income is $1,330/mo. Return on cash invested sits at 16.7% in year one, and rental yield is 6.14% on a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 85.42% and total cumulative return in cash sums $73,594. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,330/mo property income rather than buyer’s personal income.
Manufactured
Built in 1986
5 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46531, Grovertown, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 660 (100%) |
| Owner Occupied HU | 523 (79.2%) |
| Renter Occupied HU | 74 (11.2%) |
| Vacant Housing Units | 63 ( 9.5%) |
| Median Home Value | $207,341 |
| Average Home Value | $232,323 |
Residential
581
Single Family
581
Multi-Family
0
Businesses
15
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: John Wampler • RE/MAX 1ST CHOICE REALTORS
Mls Name: IRMLS
Mls ID: #202531077
