








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 Winchester at 4803 W 500th Rd N, Winchester, IN, 47394 generates $960/mo in rent, after a $1,466/mo payment. Total monthly income is $960/mo. Return on cash invested sits at 9.78% in year one, and rental yield is 3.85% on a $299,500 entry. Equity gained on principal adds $1,933/yr, while 5% annual appreciation builds toward $82,746 over five years. Five-year ROI reaches 48.33% and total cumulative return in cash sums $47,987. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $960/mo property income rather than buyer’s personal income.
Single Family
Built in 1890
2 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47394, Winchester, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,747 (100%) |
| Owner Occupied HU | 2,424 (64.7%) |
| Renter Occupied HU | 944 (25.2%) |
| Vacant Housing Units | 379 (10.1%) |
| Median Home Value | $129,592 |
| Average Home Value | $200,535 |
Residential
3,430
Single Family
3,291
Multi-Family
139
Businesses
346
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: Tyler Hartzell • Tarter Realty Auction and Appraisal Company
Mls Name: IRMLS
Mls ID: #202537409