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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 Dunreith at 410 W Cherry St, Dunreith, IN, 47385 earns $252/mo cash flow from $942/mo rent with a $563/mo payment. Total monthly income totals $942/mo, and annual cash flow totals $3,018/yr on $38,123 capital. ROI tracks 27.83% on current figures, and rental yield reads 9.83% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 145.1% and total cumulative return in cash sums $55,317. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $942/mo property income instead of your personal income.
Manufactured
Built in 1990
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47385, Spiceland, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 762 (100%) |
| Owner Occupied HU | 572 (75.1%) |
| Renter Occupied HU | 140 (18.4%) |
| Vacant Housing Units | 50 ( 6.6%) |
| Median Home Value | $212,626 |
| Average Home Value | $316,888 |
Residential
355
Single Family
355
Multi-Family
0
Businesses
40
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: Ashley Swift-Morris • RE/MAX Integrity Real Estate
Mls Name: RLMS
Mls ID: #10052064
