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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% |
Rental property for sale in Springville at 4350 W Popcorn Rd, Springville, IN, 47462 generates $1,706/mo in rent and, after a $974/mo payment, leaves $511/mo in cash flow. Total monthly income is $1,706/mo, and annual cash flow is $6,137/yr on $65,969 invested. Return on cash invested sits at 29.21% in year one, and rental yield is 10.29% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 152.54% and total cumulative return in cash sums $100,626. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,706/mo property income rather than buyer’s personal income.
Manufactured
Built in 2017
3.77 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47462, Springville, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,250 (100%) |
| Owner Occupied HU | 1,864 (82.8%) |
| Renter Occupied HU | 230 (10.2%) |
| Vacant Housing Units | 156 ( 6.9%) |
| Median Home Value | $254,428 |
| Average Home Value | $300,248 |
Residential
2,018
Single Family
2,018
Multi-Family
0
Businesses
47
Date | Event | Price |
|---|---|---|
| 2025-11-19 | Listed for sale | $199,000 |
| 2023-12-29 | Sold | $160,000 |
| 2023-11-14 | Listed for sale | $160,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-21 | $911.18 | 13.43% | $156,200 | 8.93% |
| 2023-11-21 | $803.32 | 15.14% | $143,400 | 159.78% |
| 2022-11-21 | $697.72 | -5.31% | $55,200 | 16.46% |
Listed by: Kristi Gibbs • Century 21 Scheetz - Bloomington
Mls Name: IRMLS
Mls Provider:
Mls ID: #202546573
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.
