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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 Cannelton at 4171 E State Hwy #66, Cannelton, IN, 47520 offers a 4.34% rental yield on a $199,000 purchase with $720/mo rent. 28% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 56.33% and total cumulative return in cash at $37,158. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $720/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
6,960 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47520, Cannelton, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,558 (100%) |
| Owner Occupied HU | 934 (59.9%) |
| Renter Occupied HU | 387 (24.8%) |
| Vacant Housing Units | 237 (15.2%) |
| Median Home Value | $218,750 |
| Average Home Value | $251,004 |
Residential
1,481
Single Family
1,319
Multi-Family
162
Businesses
65
Date | Event | Price |
|---|---|---|
| 2025-05-23 | Listed for sale | $199,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Patricia Seibert • Indiana Realty Group
Mls Name: My State MLS
Mls ID: #11503557
