








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 Middletown at 254 N 7th St, Middletown, IN, 47356 generates $1,439/mo in rent, after a $1,385/mo payment. Total monthly income is $1,439/mo. Return on cash invested sits at 16.57% in year one, and rental yield is 6.1% on a $283,000 entry. Equity gained on principal adds $1,826/yr, while 5% annual appreciation builds toward $78,188 over five years. Five-year ROI reaches 84.67% and total cumulative return in cash sums $79,431. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,439/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
0.27 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-03-14 | Listed for sale | $283,000 |
| 2022-12-28 | Listing removed | N/A |
| 2022-12-20 | Listed for sale | $278,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-17 | $2367.76 | 11.16% | $289,100 | 20.11% |
| 2023-03-17 | $2130.00 | 21.92% | $240,700 | 12.69% |
| 2022-03-17 | $1747.00 | -1.30% | $213,600 | 21.99% |



What's Special
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Listed by: Doug Rector • Doug Rector
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22027068
Disclaimer: Based on information submitted to the MLS GRID as of 2025-03-17 07:57:42 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)