Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Woodburn at 4888 Carson Ct, Woodburn, IN, 46797 priced at $299,900 pairs $3,106/mo rent with $1,306/mo cash flow after a $1,468/mo payment. Total monthly income equals $3,106/mo, and annual cash flow comes to $15,667/yr on $99,417 invested. Return on cash invested is 35.67% in year one, and rental yield stands at 12.43% on a $299,900 basis. Equity gained on principal adds $1,935/yr, and 5% annual appreciation accumulates to $82,857 by year five. Five-year ROI measures 187.12% and total cumulative return in cash reaches $186,028. For financing, Ziffy Mortgage’s DSCR program evaluates $3,106/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46797, Woodburn, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,519 (100%) |
| Owner Occupied HU | 1,218 (80.2%) |
| Renter Occupied HU | 222 (14.6%) |
| Vacant Housing Units | 79 ( 5.2%) |
| Median Home Value | $276,336 |
| Average Home Value | $325,562 |
Residential
1,327
Single Family
1,295
Multi-Family
32
Businesses
78
Date | Event | Price |
|---|---|---|
| 2025-02-26 | Sold | $299,900 |
| 2024-12-30 | Pending sale | $299,900 |
| 2024-12-09 | Price change | $299,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-01 | $1114.00 | N/A | $52,900 | -5.03% |
| 2023-11-01 | N/A | N/A | $55,700 | N/A |
Listed by: Marie Edwards • HMS Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202416329
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.
