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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 Straughn at 4245 S Wilbur Wright Rd, Straughn, IN, 47387 with 5% annual appreciation on a $370,000 basis while $1,864/mo rent supports operations. 42% in year one. Equity gained on principal adds $2,388/yr, and five-year appreciation sums $102,224 alongside rental yield of 6.05%. Five-year ROI measures 83.86% and total cumulative return in cash totals $102,857. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,864/mo property income versus a $1,811/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1965
5.16 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47387, Straughn, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 376 (100%) |
| Owner Occupied HU | 287 (76.3%) |
| Renter Occupied HU | 64 (17.0%) |
| Vacant Housing Units | 25 ( 6.6%) |
| Median Home Value | $214,881 |
| Average Home Value | $290,226 |
Residential
176
Single Family
176
Multi-Family
0
Businesses
9
Date | Event | Price |
|---|---|---|
| 2025-04-01 | Listed for sale | $370,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-03 | $1282.00 | -3.81% | $146,300 | -4.88% |
| 2023-04-03 | $1332.76 | 7.46% | $153,800 | 10.01% |
| 2022-04-03 | $1240.24 | 2.77% | $139,800 | 8.62% |
Listed by: Donna Showalter • Legacy Real Estate Partners Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510769
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.
