4 W Henley St, Carthage, IN, 46115 | 3.23% Rental Yield

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4 W Henley St, Carthage, IN, 46115 | 3.23% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Carthage at 4 W Henley St, Carthage, IN, 46115 at $249,000 posts ROI 7.93% with from $671/mo rent. Total monthly income equals $671/mo. Return on cash invested measures 7.93% and rental yield reads 3.23% at the current $249,000. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 by year five. Five-year ROI prints 38.42% and total cumulative return in cash totals $31,712. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $671/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1980

0.31 Acres lot

$N/A/sqft

No HOA

More details about the property

This charming 3-bedroom, 1-bathroom home is full of character and boasts stunning original woodwork throughout. The spacious living room features a built-in bookcase, a cozy window seat, and a decorative fireplace, perfect for hosting a large gathering or just a relaxing evening. Host memorable dinners in the formal dining room, beautifully accented with a built-in cabinet. The updated kitchen and bath provide modern convenience while maintaining the home's classic appeal. One bedroom conveniently located on the main level, with two additional bedrooms and a versatile loft area upstairs-perfect for families, guests, or a home office. Unwind on the enclosed front porch or take advantage of the large, fenced-in yard. This delightful home seamlessly blends classic charm with functional living spaces, making it a wonderful place to call your own.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46115, Carthage, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	872 (100%)
Owner Occupied HU	641 (73.5%)
Renter Occupied HU	174 (20.0%)
Vacant Housing Units	57 ( 6.5%)
Median Home Value	$265,164
Average Home Value	$293,658