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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 Hagerstown at 50 Grandview Ct, Hagerstown, IN, 47346 offers a 9.51% rental yield on a $149,900 purchase with $1,188/mo rent. Total monthly income registers $1,188/mo, and a $734/mo payment leaves $288/mo available for distribution. Annual cash flow reaches $3,454/yr on $49,692 to close, and return on cash invested stands at 26.86% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 139.89% and total cumulative return in cash at $69,515. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,188/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47346, Hagerstown, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,634 (100%) |
| Owner Occupied HU | 1,247 (76.3%) |
| Renter Occupied HU | 282 (17.3%) |
| Vacant Housing Units | 105 ( 6.4%) |
| Median Home Value | $229,688 |
| Average Home Value | $242,149 |
Residential
1,576
Single Family
1,549
Multi-Family
27
Businesses
110
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: Susie Bond • Better Homes and Gardens First Realty Group
Mls Name: RLMS
Mls ID: #10052508
