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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 Knightstown at 4233 W Old National Rd, Knightstown, IN, 46148 earns $422/mo cash flow from $1,262/mo rent with a $685/mo payment. Total monthly income totals $1,262/mo, and annual cash flow totals $5,063/yr on $46,377 capital. ROI tracks 30.83% on current figures, and rental yield reads 10.82% at a $139,900 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 over five years. Five-year ROI reaches 161.13% and total cumulative return in cash sums $74,727. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,262/mo property income instead of your personal income.
Single Family
Built in 1888
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46148, Knightstown, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,206 (100%) |
| Owner Occupied HU | 1,559 (70.7%) |
| Renter Occupied HU | 458 (20.8%) |
| Vacant Housing Units | 189 ( 8.6%) |
| Median Home Value | $233,295 |
| Average Home Value | $261,750 |
Residential
2,056
Single Family
1,995
Multi-Family
61
Businesses
185
Date | Event | Price |
|---|---|---|
| 2025-05-22 | Listed for sale | $139,900 |
| 2020-11-13 | Sold | $69,000 |
| 2020-10-11 | Pending sale | $66,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-23 | $470.76 | -2.16% | $79,900 | 10.97% |
| 2023-05-23 | $481.14 | 5.92% | $72,000 | 1.84% |
| 2022-05-23 | $454.24 | 3.00% | $70,700 | 8.60% |
Listed by: Louise Thompson • RE/MAX First Integrity
Mls Name: IRMLS
Mls Provider:
Mls ID: #202519090
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
