



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 Urbana at 2847 N 600th Rd E, Urbana, IN, 46990 generates $0/mo in rent, after a $2,447/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -1.82% in year one, and rental yield is 0% on a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,141 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 2007
6.93 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46990, Urbana, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 332 (100%) |
| Owner Occupied HU | 278 (83.7%) |
| Renter Occupied HU | 27 ( 8.1%) |
| Vacant Housing Units | 27 ( 8.1%) |
| Median Home Value | $270,408 |
| Average Home Value | $384,514 |
Residential
228
Single Family
228
Multi-Family
0
Businesses
14
Date | Event | Price |
|---|---|---|
| 2025-08-01 | Sold | $500,000 |
| 2025-07-09 | Pending sale | $499,900 |
| 2025-07-02 | Price change | $499,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.



Listed by: Jonathan Ash • Arc Realty
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22038773
Disclaimer: Based on information submitted to the MLS GRID as of 2025-11-02 03:38:04 PST. 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)