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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% |
Rental property for sale in Vevay at 407 W Pike St, Vevay, IN, 47043 priced at $299,900 converts $1,158/mo rent into after a $1,468/mo obligation. Total monthly income equals $1,158/mo. Return on cash invested prints 12.16% in year one, and rental yield reads 4.63% against a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation compiles into $82,857 by year five. Five-year ROI reaches 61.03% and total cumulative return in cash sums $60,676. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,158/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Multi Family
Built in 2012
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47043, Vevay, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,458 (100%) |
| Owner Occupied HU | 1,489 (60.6%) |
| Renter Occupied HU | 640 (26.0%) |
| Vacant Housing Units | 329 (13.4%) |
| Median Home Value | $227,024 |
| Average Home Value | $260,406 |
Residential
2,316
Single Family
2,218
Multi-Family
98
Businesses
163
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: Joseph Rider • Rider Realty LLC
Mls Name: SEIBR
Mls ID: #203667
