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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 North Vernon at 3495 N State Highway 3, North Vernon, IN, 47265 uses $49,692 cash to close to unlock $3,142/yr annual cash flow and $262/mo monthly cash flow. Total monthly income runs $1,162/mo, and a $734/mo payment keeps the spread at $262/mo. Purchase price stands at $149,900, and rental yield measures 9.3% with $1,162/mo rent. Return on cash invested shows 26.23% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 136.51% and total cumulative return in cash records $67,835. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,162/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1967
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47265, North Vernon, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,430 (100%) |
| Owner Occupied HU | 5,736 (68.0%) |
| Renter Occupied HU | 1,939 (23.0%) |
| Vacant Housing Units | 755 ( 9.0%) |
| Median Home Value | $172,770 |
| Average Home Value | $218,044 |
Residential
8,087
Single Family
7,915
Multi-Family
172
Businesses
506
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: Daniel Smith • F.C. Tucker Real Estate Experts
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22076451
