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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 Farmland at 409 S Mulberry St, Farmland, IN, 47340 earns $366/mo cash flow from $1,146/mo rent with a $636/mo payment. Total monthly income totals $1,146/mo, and annual cash flow totals $4,392/yr on $43,062 capital. ROI tracks 30.11% on current figures, and rental yield reads 10.59% at a $129,900 purchase. Equity gained on principal adds $838/yr, and 5% annual appreciation supports $35,889 over five years. Five-year ROI reaches 157.44% and total cumulative return in cash sums $67,795. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,146/mo property income instead of your personal income.
Single Family
Built in 1953
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47340, Farmland, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,244 (100%) |
| Owner Occupied HU | 912 (73.3%) |
| Renter Occupied HU | 228 (18.3%) |
| Vacant Housing Units | 104 ( 8.4%) |
| Median Home Value | $156,322 |
| Average Home Value | $188,931 |
Residential
931
Single Family
931
Multi-Family
0
Businesses
55
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: Jairo Correa • Re/Max Evolve
Mls Name: RLMS
Mls ID: #10052334
