




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 Rising Sun at 403 S Walnut St, Rising Sun, IN, 47040 priced at $119,600 pairs $1,626/mo rent with $811/mo cash flow after a $585/mo payment. Total monthly income equals $1,626/mo, and annual cash flow comes to $9,736/yr on $39,647 invested. Return on cash invested is 44.47% in year one, and rental yield stands at 16.31% on a $119,600 basis. Equity gained on principal adds $772/yr, and 5% annual appreciation accumulates to $33,043 by year five. Five-year ROI measures 235.45% and total cumulative return in cash reaches $93,350. For financing, Ziffy Mortgage’s DSCR program evaluates $1,626/mo property income against a $585/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1944
10,640 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47040, Rising Sun, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,432 (100%) |
| Owner Occupied HU | 1,598 (65.7%) |
| Renter Occupied HU | 576 (23.7%) |
| Vacant Housing Units | 258 (10.6%) |
| Median Home Value | $199,459 |
| Average Home Value | $255,566 |
Residential
2,305
Single Family
2,135
Multi-Family
170
Businesses
126
Date | Event | Price |
|---|---|---|
| 2025-05-28 | Listing removed | $115,000 |
| 2025-05-21 | Pending sale | $115,000 |
| 2024-10-24 | Price change | $115,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-03 | $2158.00 | 15.20% | $119,600 | 10.84% |
| 2023-11-03 | $1873.20 | -0.13% | $107,900 | 7.90% |
| 2022-11-03 | $1875.58 | 5.80% | $100,000 | 16.28% |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A