4673 S 400 W, New Palestine, IN, 46163 | 4.45% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

4673 S 400 W, New Palestine, IN, 46163 | 4.45% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1544 sft

8536 Palo Verde Ter #43, Indianapolis, IN, 46227

Investment Property+ 1 more

3 Bed
2 Bath
1276 sft

3419 S Rural St, Indianapolis, IN, 46237

2 Bed
2 Bath
1088 sft

31 Trails End St, Greenwood, IN, 46142

Investment Property+ 2 more

3 Bed
1 Bath
1300 sft

1428 Yazoo Dr, Beech Grove, IN, 46107

Nearby investment properties with comparable prices

3 Bed
2 Bath
1600 sft

10522 Hunters Crossing Blvd, Indianapolis, IN, 46239

3 Bed
3 Bath
2288 sft

75 Maxwell Rd, Indianapolis, IN, 46217

4 Bed
3 Bath
2078 sft

11385 N Pheasant Run, Fairland, IN, 46126

2 Bed
2 Bath
1904 sft

3920 Oak Harbor Ln, Indianapolis, IN, 46237

Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

Explore more listings using simple english

Investment Highlights

Investment property for sale in New Palestine at 4673 S 400 W, New Palestine, IN, 46163 earns from $1,020/mo rent with a $1,346/mo payment. Total monthly income totals $1,020/mo. ROI tracks 11.61% on current figures, and rental yield reads 4.45% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 58.11% and total cumulative return in cash sums $52,979. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,020/mo property income instead of your personal income.

Single Family

Built in 1960

1.91 Acres lot

$N/A/sqft

No HOA

More details about the property

MUST SELL !!! Seller will consider any offer. This property is a true hidden gem in the New Palestine area. This home has endless possibilities with two spacious detached storage buildings (43x18 and 24x22), mini barn, gazebo, grape arbor, on a 1.91 acre property. Numerous opportunities with room for RVs, 4wheelers, and landscaping tools outside. Lots of storage space inside in the basement with an abundance of built-in shelves. A third bedroom could easily be added. Rooms are very spacious. This property is "SOLD AS IS". This home also includes the adjoining property (Parcel Number: 30-10-28-300-020.000-012). Both properties are being sold together. *New Palestine Schools*

Neighborhood Data

Neighborhood data shown for ZIP Code: 46163, New Palestine, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,670 (100%)
Owner Occupied HU	4,772 (84.2%)
Renter Occupied HU	714 (12.6%)
Vacant Housing Units	184 ( 3.2%)
Median Home Value	$330,678
Average Home Value	$356,738