








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 Rising Sun at 4948 State Road 56 N, Rising Sun, IN, 47040 earns $277/mo cash flow from $2,198/mo rent with a $1,566/mo payment. Total monthly income totals $2,198/mo, and annual cash flow totals $3,329/yr on $106,047 capital. ROI tracks 23.05% on current figures, and rental yield reads 8.25% at a $319,900 purchase. Equity gained on principal adds $2,064/yr, and 5% annual appreciation supports $88,382 over five years. Five-year ROI reaches 119.46% and total cumulative return in cash sums $126,680. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,198/mo property income instead of your personal income.
Single Family
Built in 1888
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47040, Rising Sun, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,432 (100%) |
| Owner Occupied HU | 1,598 (65.7%) |
| Renter Occupied HU | 576 (23.7%) |
| Vacant Housing Units | 258 (10.6%) |
| Median Home Value | $199,459 |
| Average Home Value | $255,566 |
Residential
2,305
Single Family
2,135
Multi-Family
170
Businesses
126
Date | Event | Price |
|---|---|---|
| 2025-05-28 | Listed for sale | $319,900 |
| 2009-12-04 | Sold | $1,500,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-29 | $2293.28 | 20.13% | $172,900 | 16.43% |
| 2023-05-29 | $1909.04 | -9.32% | $148,500 | 4.43% |
| 2022-05-29 | $2105.32 | 5.59% | $142,200 | 8.14% |



Listed by: Joseph Rider • Rider Realty LLC
Mls Name: SEIBR
Mls ID: #205139
Disclaimer: Copyright Southeastern Indiana Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.