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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 Goodland at 325 S James St, Goodland, IN, 47948 generates $1,853/mo in rent and, after a $661/mo payment, leaves $994/mo in cash flow. Total monthly income is $1,853/mo, and annual cash flow is $11,932/yr on $44,753 invested. Return on cash invested sits at 46.57% in year one, and rental yield is 16.47% on a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 246.1% and total cumulative return in cash sums $110,137. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,853/mo property income rather than buyer’s personal income.
Single Family
Built in 1890
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47948, Goodland, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 578 (100%) |
| Owner Occupied HU | 385 (66.6%) |
| Renter Occupied HU | 137 (23.7%) |
| Vacant Housing Units | 56 ( 9.7%) |
| Median Home Value | $152,961 |
| Average Home Value | $175,396 |
Residential
481
Single Family
457
Multi-Family
24
Businesses
40
Date | Event | Price |
|---|---|---|
| 2025-06-16 | Sold | $135,000 |
| 2025-04-24 | Pending sale | $142,900 |
| 2025-02-18 | Listed for sale | $142,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $1696.68 | -2.56% | $90,900 | 7.45% |
| 2023-10-24 | $1741.22 | 9.58% | $84,600 | -2.53% |
| 2022-10-24 | $1589.00 | 0.38% | $86,800 | 9.60% |
Listed by: Spencer Childers • Keller Williams Lafayette
Mls Name: IRMLS
Mls Provider:
Mls ID: #202505099
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.
