Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Madison at 3255 E Lemon Rd, Madison, IN, 47250 offers a 6.55% rental yield on a $275,000 purchase with $1,500/mo rent. 92% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 91.98% and total cumulative return in cash at $83,855. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,500/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
18.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47250, Madison, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,256 (100%) |
| Owner Occupied HU | 6,609 (64.4%) |
| Renter Occupied HU | 2,671 (26.0%) |
| Vacant Housing Units | 976 ( 9.5%) |
| Median Home Value | $232,661 |
| Average Home Value | $249,506 |
Residential
9,501
Single Family
9,288
Multi-Family
213
Businesses
902
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: Jeffrey Paxson • Jeff Paxson Team
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22056903
