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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 Veedersburg at 301 S Maple St, Veedersburg, IN, 47987 priced at $249,900 pairs $1,514/mo rent with $14/mo cash flow after a $1,223/mo payment. Total monthly income equals $1,514/mo, and annual cash flow comes to $168/yr on $82,842 invested. Return on cash invested is 20.11% in year one, and rental yield stands at 7.27% on a $249,900 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,043 by year five. Five-year ROI measures 103.75% and total cumulative return in cash reaches $85,946. For financing, Ziffy Mortgage’s DSCR program evaluates $1,514/mo property income against a $1,223/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1914
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47987, Veedersburg, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,768 (100%) |
| Owner Occupied HU | 1,275 (72.1%) |
| Renter Occupied HU | 347 (19.6%) |
| Vacant Housing Units | 146 ( 8.3%) |
| Median Home Value | $166,250 |
| Average Home Value | $196,373 |
Residential
1,598
Single Family
1,577
Multi-Family
21
Businesses
99
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: Noah Reissmann • Bentley Real Estate
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22056405
