







No similar rental properties found nearby.

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 Paragon at 3907 N Caldwell Rd, Paragon, IN, 46166 generates $0/mo in rent, after a $1,493/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -1.82% in year one, and rental yield is 0% on a $305,000 entry. Equity gained on principal adds $1,968/yr, while 5% annual appreciation builds toward $84,266 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
2.52 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46166, Paragon, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 976 (100%) |
| Owner Occupied HU | 751 (76.9%) |
| Renter Occupied HU | 158 (16.2%) |
| Vacant Housing Units | 67 ( 6.9%) |
| Median Home Value | $222,679 |
| Average Home Value | $236,441 |
Residential
703
Single Family
703
Multi-Family
0
Businesses
35
Date | Event | Price |
|---|---|---|
| 2025-05-28 | Listed for sale | $305,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-29 | $368.48 | 9.19% | $298,800 | N/A |
| 2023-05-29 | $337.46 | 16.49% | $298,800 | 18.15% |
| 2022-05-29 | $289.70 | 2.51% | $252,900 | 46.10% |
No similar rental properties found nearby.



Listed by: Deborah Tomaro • Deb Tomaro Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202519716
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.