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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 Kirklin at 404 E Pike St, Kirklin, IN, 46050 offers a 9.54% rental yield on a $115,000 purchase with $914/mo rent. Total monthly income registers $914/mo, and a $563/mo payment leaves $224/mo available for distribution. Annual cash flow reaches $2,682/yr on $38,123 to close, and return on cash invested stands at 26.95% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Portfolio math shows five-year ROI at 140.38% and total cumulative return in cash at $53,517. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $914/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1989
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46050, Kirklin, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 732 (100%) |
| Owner Occupied HU | 564 (77.0%) |
| Renter Occupied HU | 117 (16.0%) |
| Vacant Housing Units | 51 ( 7.0%) |
| Median Home Value | $276,596 |
| Average Home Value | $289,025 |
Residential
557
Single Family
557
Multi-Family
0
Businesses
44
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Tyler Carmichael • eXp Realty, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22057454
