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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 Clayton at 453 W Michigan St, Clayton, IN, 46118 listed at $169,900 pairs $0/mo rent with a $832/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -1.83% in year one, and rental yield registers 0% at a $169,900 basis. Equity gained on principal adds $1,096/yr, and annual property appreciation at 5% supports $46,940 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46118, Clayton, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,916 (100%) |
| Owner Occupied HU | 1,595 (83.2%) |
| Renter Occupied HU | 254 (13.3%) |
| Vacant Housing Units | 67 ( 3.5%) |
| Median Home Value | $311,247 |
| Average Home Value | $369,934 |
Residential
1,805
Single Family
1,805
Multi-Family
0
Businesses
126
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
Listed by: Joylee Kivett • RE/MAX Centerstone
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22063873
