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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% |
Investment property for sale in New Goshen at 2751 Durkees Ferry Rd, New Goshen, IN, 47863 with 5% annual appreciation on a $103,400 basis while $1,554/mo rent supports operations. Total monthly income totals $1,554/mo and a $506/mo payment preserves $924/mo for cash returns. Annual cash flow comes to $11,083/yr on $34,277 deployed, and return on cash invested reaches 52.24% in year one. Equity gained on principal adds $667/yr, and five-year appreciation sums $28,568 alongside rental yield of 18.03%. Five-year ROI measures 276.16% and total cumulative return in cash totals $94,659.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,554/mo property income versus a $506/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47863, New Goshen, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31 (100%) |
| Owner Occupied HU | 24 (77.4%) |
| Renter Occupied HU | 4 (12.9%) |
| Vacant Housing Units | 3 ( 9.7%) |
| Median Home Value | $166,667 |
| Average Home Value | $419,583 |
Residential
1
Single Family
1
Multi-Family
0
Businesses
7
Date | Event | Price |
|---|---|---|
| 2025-04-27 | Listing removed | $110,000 |
| 2024-10-23 | Price change | $110,000 |
| 2024-08-19 | Price change | $114,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $976.12 | -2.71% | $123,900 | 4.03% |
| 2023-10-24 | $1003.26 | 14.00% | $119,100 | 5.59% |
| 2022-10-24 | $880.04 | 5.53% | $112,800 | 8.25% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
