Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Mitchell at 4335 State Road 60 Rd W, Mitchell, IN, 47446 listed at $157,000 pairs $1,440/mo rent with a $768/mo payment to leave $498/mo cash flow. Total monthly income runs $1,440/mo, and annual cash flow reaches $5,976/yr on $52,046 cash to close. Return on cash invested measures 31.39% in year one, and rental yield registers 11.01% at a $157,000 basis. Equity gained on principal adds $1,013/yr, and annual property appreciation at 5% supports $43,376 by year five. Five-year ROI tracks 164.16% and total cumulative return in cash totals $85,436. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,440/mo property income relative to a $768/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47446, Mitchell, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,285 (100%) |
| Owner Occupied HU | 3,046 (71.1%) |
| Renter Occupied HU | 767 (17.9%) |
| Vacant Housing Units | 472 (11.0%) |
| Median Home Value | $180,587 |
| Average Home Value | $220,742 |
Residential
4,131
Single Family
4,075
Multi-Family
56
Businesses
276
Date | Event | Price |
|---|---|---|
| 2025-06-10 | Listed for sale | $157,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Carrie Parrish • Carpenter, REALTORS-Bloomington
Mls Name: IRMLS
Mls Provider:
Mls ID: #202521995
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.
