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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 Hartford City at 413 S Cherry St, Hartford City, IN, 47348 generates $810/mo in rent and, after a $587/mo payment, leaves $90/mo in cash flow. Total monthly income is $810/mo, and annual cash flow is $1,081/yr on $39,747 invested. Return on cash invested sits at 22.63% in year one, and rental yield is 8.11% on a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 117.29% and total cumulative return in cash sums $46,620. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $810/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47348, Hartford City, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,529 (100%) |
| Owner Occupied HU | 2,979 (65.8%) |
| Renter Occupied HU | 1,023 (22.6%) |
| Vacant Housing Units | 527 (11.6%) |
| Median Home Value | $107,731 |
| Average Home Value | $137,774 |
Residential
4,189
Single Family
4,089
Multi-Family
100
Businesses
294
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: Trent Keith • Keith Realty & Auction Group
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22068889
