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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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No similar rental properties found nearby.
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 West lebanon at 408 W 3rd St, West lebanon, IN, 47991 offers a 0% rental yield on a $299,000 purchase with $0/mo rent. 82% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47991, West Lebanon, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 424 (100%) |
| Owner Occupied HU | 302 (71.2%) |
| Renter Occupied HU | 83 (19.6%) |
| Vacant Housing Units | 39 ( 9.2%) |
| Median Home Value | $167,143 |
| Average Home Value | $204,743 |
Residential
330
Single Family
330
Multi-Family
0
Businesses
28
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
Listed by: Heagen Wickens • Dream Home Realty Group, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22059892
