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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 Attica at 407 N 5th St, Attica, IN, 47918 uses $52,709 cash to close to unlock $2,157/yr annual cash flow and $180/mo monthly cash flow. Total monthly income runs $1,134/mo, and a $778/mo payment keeps the spread at $180/mo. Purchase price stands at $159,000, and rental yield measures 8.56% with $1,134/mo rent. Return on cash invested shows 24% in year one, and 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 124.56% and total cumulative return in cash records $65,652. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,134/mo property income covering a $778/mo payment rather than investor’s personal income.
Single Family
Built in 1880
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47918, Attica, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,831 (100%) |
| Owner Occupied HU | 1,954 (69.0%) |
| Renter Occupied HU | 565 (20.0%) |
| Vacant Housing Units | 312 (11.0%) |
| Median Home Value | $168,497 |
| Average Home Value | $208,433 |
Residential
2,559
Single Family
2,559
Multi-Family
0
Businesses
195
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-25 | $1230.00 | 1.82% | $46,700 | -24.07% |
| 2023-03-25 | $1208.00 | 15.05% | $61,500 | 1.82% |
| 2022-03-25 | $1050.00 | 8.92% | $60,400 | 15.05% |
Listed by: Sheila Lucas-Swift • Sunshine Realty Sales
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509515
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.
