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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% |
Investment property for sale in Clinton at 3321 E 1850 S, Clinton, IN, 47842 offers a 9.06% rental yield on a $147,800 purchase with $1,116/mo rent. Total monthly income registers $1,116/mo, and a $723/mo payment leaves $83/mo available for distribution. Annual cash flow reaches $994/yr on $48,996 to close, and return on cash invested stands at 21.94% in year one. Equity gained on principal adds $954/yr while 5% annual appreciation supports $40,834 over five years. Portfolio math shows five-year ROI at 114.77% and total cumulative return in cash at $56,231. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,116/mo property income against a $723/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
2.85 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47842, Clinton, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,693 (100%) |
| Owner Occupied HU | 3,055 (65.1%) |
| Renter Occupied HU | 1,185 (25.3%) |
| Vacant Housing Units | 453 ( 9.7%) |
| Median Home Value | $118,074 |
| Average Home Value | $145,853 |
Residential
4,235
Single Family
4,065
Multi-Family
170
Businesses
254
Date | Event | Price |
|---|---|---|
| 2025-09-12 | Listing removed | $1,500,000 |
| 2025-05-12 | Price change | $1,500,000 |
| 2025-04-08 | Price change | $1,775,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $2982.12 | -0.20% | $147,800 | 9.81% |
| 2023-10-24 | $2987.96 | 9.52% | $134,600 | 0.45% |
| 2022-10-24 | $2728.24 | 6.77% | $134,000 | 11.11% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
