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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 Carthage at 5 E Mill St, Carthage, IN, 46115 earns from $671/mo rent with a $1,512/mo payment. Total monthly income totals $671/mo. ROI tracks 6.04% on current figures, and rental yield reads 2.61% at a $309,000 purchase. Equity gained on principal adds $1,994/yr, and 5% annual appreciation supports $85,371 over five years. Five-year ROI reaches 28.26% and total cumulative return in cash sums $28,949. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $671/mo property income instead of your personal income.
Multi Family
Built in 1890
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46115, Carthage, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 872 (100%) |
| Owner Occupied HU | 641 (73.5%) |
| Renter Occupied HU | 174 (20.0%) |
| Vacant Housing Units | 57 ( 6.5%) |
| Median Home Value | $265,164 |
| Average Home Value | $293,658 |
Residential
559
Single Family
559
Multi-Family
0
Businesses
26
Date | Event | Price |
|---|---|---|
| 2024-11-10 | Listed for sale | $309,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Katrina Cawthorne • Circle City Realty, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22010877
Disclaimer: Based on information submitted to the MLS GRID as of 2024-02-07 08:48:41 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_48)
