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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 Linton at 3689 N 1240 W, Linton, IN, 47441 generates $3,036/mo in rent and, after a $1,983/mo payment, leaves $604/mo in cash flow. Total monthly income is $3,036/mo, and annual cash flow is $7,248/yr on $134,291 invested. Return on cash invested sits at 25.31% in year one, and rental yield is 8.99% on a $405,100 entry. Equity gained on principal adds $2,614/yr, while 5% annual appreciation builds toward $111,922 over five years. Five-year ROI reaches 131.57% and total cumulative return in cash sums $176,685. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,036/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47441, Linton, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,152 (100%) |
| Owner Occupied HU | 2,723 (65.6%) |
| Renter Occupied HU | 1,042 (25.1%) |
| Vacant Housing Units | 387 ( 9.3%) |
| Median Home Value | $129,342 |
| Average Home Value | $176,239 |
Residential
3,937
Single Family
3,739
Multi-Family
198
Businesses
324
Date | Event | Price |
|---|---|---|
| 2025-03-31 | Listing removed | $319,900 |
| 2025-01-06 | Price change | $319,900 |
| 2024-10-08 | Price change | $359,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $1885.00 | -4.07% | $186,200 | -1.22% |
| 2023-10-22 | $1965.00 | 7.55% | $188,500 | -4.07% |
| 2022-10-22 | $1827.00 | -1.08% | $196,500 | 7.55% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
