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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 Versailles at 305 S Main St, Versailles, IN, 47042 generates $1,500/mo in rent and, after a $1,150/mo payment, leaves $90/mo in cash flow. Total monthly income is $1,500/mo, and annual cash flow is $1,074/yr on $77,903 invested. Return on cash invested sits at 21.29% in year one, and rental yield is 7.66% on a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 110% and total cumulative return in cash sums $85,696. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,500/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47042, Versailles, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,997 (100%) |
| Owner Occupied HU | 1,258 (63.0%) |
| Renter Occupied HU | 542 (27.1%) |
| Vacant Housing Units | 197 ( 9.9%) |
| Median Home Value | $192,586 |
| Average Home Value | $228,027 |
Residential
1,809
Single Family
1,661
Multi-Family
148
Businesses
173
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: Robert Koester • Tudor Square Realty, Inc.
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22054284
