








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 Clinton at 405 Blackman St, Clinton, IN, 47842 uses $59,637 cash to close to unlock $4,099/yr annual cash flow and $342/mo monthly cash flow. Total monthly income runs $1,422/mo, and a $881/mo payment keeps the spread at $342/mo. Purchase price stands at $179,900, and rental yield measures 9.49% with $1,422/mo rent. Return on cash invested shows 26.78% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 139.5% and total cumulative return in cash records $83,193. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,422/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1920
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47842, Clinton, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,693 (100%) |
| Owner Occupied HU | 3,055 (65.1%) |
| Renter Occupied HU | 1,185 (25.3%) |
| Vacant Housing Units | 453 ( 9.7%) |
| Median Home Value | $118,074 |
| Average Home Value | $145,853 |
Residential
4,235
Single Family
4,065
Multi-Family
170
Businesses
254
Date | Event | Price |
|---|---|---|
| 2025-08-25 | Sold | $179,900 |
| 2025-06-24 | Price change | $179,900 |
| 2025-06-19 | Listed for sale | $184,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-01 | $1030.00 | -0.29% | $112,600 | 9.32% |
| 2023-11-01 | $1033.00 | 14.27% | $103,000 | -0.29% |
| 2022-11-01 | $904.00 | -24.10% | $103,300 | 14.27% |



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