








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 Swayzee at 302 E Main St, Swayzee, IN, 46986 listed at $178,000 pairs $1,282/mo rent with a $871/mo payment to leave $214/mo cash flow. Total monthly income runs $1,282/mo, and annual cash flow reaches $2,565/yr on $59,007 cash to close. Return on cash invested measures 24.26% in year one, and rental yield registers 8.64% at a $178,000 basis. Equity gained on principal adds $1,149/yr, and annual property appreciation at 5% supports $49,178 by year five. Five-year ROI tracks 125.91% and total cumulative return in cash totals $74,293. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,282/mo property income relative to a $871/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46986, Swayzee, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 775 (100%) |
| Owner Occupied HU | 585 (75.5%) |
| Renter Occupied HU | 113 (14.6%) |
| Vacant Housing Units | 77 ( 9.9%) |
| Median Home Value | $198,093 |
| Average Home Value | $241,585 |
Residential
649
Single Family
649
Multi-Family
0
Businesses
36
Date | Event | Price |
|---|---|---|
| 2025-06-27 | Sold | $178,000 |
| 2025-05-20 | Listed for sale | $185,000 |
| 2023-05-25 | Sold | $132,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-04 | $1299.06 | -8.30% | $140,300 | 9.61% |
| 2023-11-04 | $1416.58 | 9.05% | $128,000 | 6.58% |
| 2022-11-04 | $1299.00 | 9.35% | $120,100 | 8.88% |



What's Special
Storage
Listed by: Shelly Brafford • RE/MAX Realty One
Mls Name: IRMLS
Mls Provider:
Mls ID: #202518613
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.