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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 Milan at 4810 N Old Milan Rd, Milan, IN, 47031 with 5% annual appreciation on a $245,000 basis while $1,737/mo rent supports operations. Total monthly income totals $1,737/mo and a $1,199/mo payment preserves $266/mo for cash returns. Annual cash flow comes to $3,198/yr on $81,218 deployed, and return on cash invested reaches 23.85% in year one. Equity gained on principal adds $1,581/yr, and five-year appreciation sums $67,689 alongside rental yield of 8.51%. Five-year ROI measures 123.74% and total cumulative return in cash totals $100,500.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,737/mo property income versus a $1,199/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1870
2.16 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47031, Milan, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,060 (100%) |
| Owner Occupied HU | 1,566 (76.0%) |
| Renter Occupied HU | 341 (16.6%) |
| Vacant Housing Units | 153 ( 7.4%) |
| Median Home Value | $240,502 |
| Average Home Value | $322,182 |
Residential
1,831
Single Family
1,746
Multi-Family
85
Businesses
100
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: Brett Fehrman • Fehrman Realty
Mls Name: SEIBR
Mls ID: #202903
