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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 Connersville at 2806 Virginia Ave, Connersville, IN, 47331 at $119,900 posts ROI 26.98% with $234/mo cash flow from $954/mo rent. Total monthly income equals $954/mo, and annual cash flow records $2,809/yr on $39,747 to close. Return on cash invested measures 26.98% and rental yield reads 9.55% at the current $119,900. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,126 by year five. Five-year ROI prints 140.63% and total cumulative return in cash totals $55,896.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $954/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1944
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47331, Connersville, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,782 (100%) |
| Owner Occupied HU | 6,646 (61.6%) |
| Renter Occupied HU | 3,033 (28.1%) |
| Vacant Housing Units | 1,103 (10.2%) |
| Median Home Value | $135,068 |
| Average Home Value | $179,715 |
Residential
9,963
Single Family
9,542
Multi-Family
421
Businesses
701
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: Georgia Green • Coldwell Banker Lingle
Mls Name: RLMS
Mls ID: #10050970
