








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 Trafalgar at 4237 W Turtle Trce, Trafalgar, IN, 46181 offers $1,396/mo rent that, after a $3,049/mo payment. Total monthly income is $1,396/mo. Return on cash invested measures 6.34% in year one, and rental yield stands at 2.69% at a $623,000 entry. Equity gained on principal adds $4,020/yr while 5% annual appreciation compounds into $172,123 by year five. Five-year ROI records 29.8% and total cumulative return in cash reaches $61,089. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,396/mo property income versus a $3,049/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
1.95 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46181, Trafalgar, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,202 (100%) |
| Owner Occupied HU | 1,824 (82.8%) |
| Renter Occupied HU | 233 (10.6%) |
| Vacant Housing Units | 145 ( 6.6%) |
| Median Home Value | $370,229 |
| Average Home Value | $392,205 |
Residential
2,189
Single Family
2,189
Multi-Family
0
Businesses
124
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: Jeffrey Paxson • Jeff Paxson Team
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #21975082