





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 Morgantown at 470 N Pine St, Morgantown, IN, 46160 priced at $138,700 pairs $1,438/mo rent with $560/mo cash flow after a $679/mo payment. Total monthly income equals $1,438/mo, and annual cash flow comes to $6,714/yr on $45,979 invested. Return on cash invested is 34.51% in year one, and rental yield stands at 12.44% on a $138,700 basis. Equity gained on principal adds $895/yr, and 5% annual appreciation accumulates to $38,320 by year five. Five-year ROI measures 181.36% and total cumulative return in cash reaches $83,386. For financing, Ziffy Mortgage’s DSCR program evaluates $1,438/mo property income against a $679/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
6,403 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46160, Morgantown, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,890 (100%) |
| Owner Occupied HU | 2,204 (76.3%) |
| Renter Occupied HU | 377 (13.0%) |
| Vacant Housing Units | 309 (10.7%) |
| Median Home Value | $254,857 |
| Average Home Value | $319,090 |
Residential
2,618
Single Family
2,618
Multi-Family
0
Businesses
119
Date | Event | Price |
|---|---|---|
| 2025-07-09 | Listing removed | $144,000 |
| 2025-06-24 | Price change | $144,000 |
| 2025-06-02 | Listed for sale | $150,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-20 | $1700.92 | 4.02% | $124,600 | 10.56% |
| 2023-10-20 | $1635.18 | 20.58% | $112,700 | 4.55% |
| 2022-10-20 | $1356.10 | 17.07% | $107,800 | 19.51% |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A