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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 Hamlet at 4740 N 500e Rd E, Hamlet, IN, 46532 earns $480/mo cash flow from $1,500/mo rent with a $832/mo payment. Total monthly income totals $1,500/mo, and annual cash flow totals $5,756/yr on $56,322 capital. ROI tracks 30.13% on current figures, and rental yield reads 10.59% at a $169,900 purchase. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 over five years. Five-year ROI reaches 157.41% and total cumulative return in cash sums $88,658. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,500/mo property income instead of your personal income.
Single Family
Built in 1940
10 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46532, Hamlet, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 792 (100%) |
| Owner Occupied HU | 587 (74.1%) |
| Renter Occupied HU | 146 (18.4%) |
| Vacant Housing Units | 59 ( 7.4%) |
| Median Home Value | $163,750 |
| Average Home Value | $201,116 |
Residential
566
Single Family
566
Multi-Family
0
Businesses
43
Date | Event | Price |
|---|---|---|
| 2025-04-28 | Listed for sale | $169,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Linda Jacobson • RE/MAX OAK CREST -PLYMOUTH
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514870
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.
