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 Decatur at 3803 W Us Highway 224, Decatur, IN, 46733 uses $96,102 cash to close to unlock $1,148/yr annual cash flow and $96/mo monthly cash flow. Total monthly income runs $1,836/mo, and a $1,419/mo payment keeps the spread at $96/mo. Purchase price stands at $289,900, and rental yield measures 7.6% with $1,836/mo rent. Return on cash invested shows 21.1% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 109.02% and total cumulative return in cash records $104,769. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,836/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46733, Decatur, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,091 (100%) |
| Owner Occupied HU | 5,906 (73.0%) |
| Renter Occupied HU | 1,700 (21.0%) |
| Vacant Housing Units | 485 ( 6.0%) |
| Median Home Value | $216,630 |
| Average Home Value | $273,796 |
Residential
7,603
Single Family
7,462
Multi-Family
141
Businesses
584
Date | Event | Price |
|---|---|---|
| 2025-09-21 | Listed for sale | $289,900 |
| 2025-09-02 | Listing removed | $300,000 |
| 2025-08-12 | Price change | $300,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-23 | $767.40 | 14.75% | $177,300 | 7.58% |
| 2023-09-23 | $668.76 | 12.72% | $164,800 | 5.44% |
| 2022-09-23 | $593.30 | 23.83% | $156,300 | 7.20% |
Listed by: Leslie Robbins • 1st Choice Realty Group, LLC.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202538238
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.
