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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 Frankfort at 453 E Walnut St, Frankfort, IN, 46041 at $130,000 posts ROI 33.41% with $485/mo cash flow from $1,265/mo rent. Total monthly income equals $1,265/mo, and annual cash flow records $5,819/yr on $43,095 to close. Return on cash invested measures 33.41% and rental yield reads 11.68% at the current $130,000. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,917 by year five. Five-year ROI prints 175.02% and total cumulative return in cash totals $75,423.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,265/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1890
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46041, Frankfort, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,792 (100%) |
| Owner Occupied HU | 6,307 (64.4%) |
| Renter Occupied HU | 2,766 (28.2%) |
| Vacant Housing Units | 719 ( 7.3%) |
| Median Home Value | $177,745 |
| Average Home Value | $249,421 |
Residential
9,312
Single Family
8,983
Multi-Family
329
Businesses
701
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: Scott Irons • Snyder Strategy Realty, Inc
Mls Name: IRMLS
Mls ID: #202527112
