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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 French Lick at 3890 S County Road 1000 Rd W, French Lick, IN, 47432 listed at $525,000 pairs $1,289/mo rent with a $2,570/mo payment. Total monthly income runs $1,289/mo. Return on cash invested measures 7.12% in year one, and rental yield registers 2.95% at a $525,000 basis. Equity gained on principal adds $3,388/yr, and annual property appreciation at 5% supports $145,048 by year five. Five-year ROI tracks 33.99% and total cumulative return in cash totals $58,713. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,289/mo property income relative to a $2,570/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2018
24.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47432, French Lick, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,152 (100%) |
| Owner Occupied HU | 1,401 (65.1%) |
| Renter Occupied HU | 481 (22.4%) |
| Vacant Housing Units | 270 (12.5%) |
| Median Home Value | $171,228 |
| Average Home Value | $188,499 |
Residential
1,950
Single Family
1,872
Multi-Family
78
Businesses
142
Date | Event | Price |
|---|---|---|
| 2024-02-05 | Listed for sale | $525,000 |
| 2024-01-01 | Listing removed | $525,000 |
| 2023-01-05 | Price change | $525,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
Pull Down Stairs,Storage
Listed by: Tama Stemle • RE/MAX Local
Mls Name: IRMLS
Mls Provider:
Mls ID: #202403607
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.
