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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 Spencer at 4074 Little Creek Dr S, Spencer, IN, 47460 earns $171/mo cash flow from $2,422/mo rent with a $1,835/mo payment. Total monthly income totals $2,422/mo, and annual cash flow totals $2,056/yr on $124,313 capital. ROI tracks 21.56% on current figures, and rental yield reads 7.75% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 111.49% and total cumulative return in cash sums $138,591. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,422/mo property income instead of your personal income.
Single Family
Built in 2014
2.48 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47460, Spencer, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,190 (100%) |
| Owner Occupied HU | 3,784 (72.9%) |
| Renter Occupied HU | 949 (18.3%) |
| Vacant Housing Units | 457 ( 8.8%) |
| Median Home Value | $187,057 |
| Average Home Value | $214,772 |
Residential
4,901
Single Family
4,899
Multi-Family
2
Businesses
417
Date | Event | Price |
|---|---|---|
| 2025-08-04 | Listed for sale | $375,000 |
| 2019-04-12 | Sold | $224,900 |
| 2019-02-12 | Listed for sale | $224,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-05 | $1858.76 | -11.97% | $270,400 | 7.77% |
| 2023-08-05 | $2111.44 | 10.50% | $250,900 | 0.40% |
| 2022-08-05 | $1910.72 | -0.76% | $249,900 | 20.14% |
Listed by: Kristen Tallent • Stellar Realty Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202530595
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.
