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% |
Investment property for sale in Clay City at 501 E 9th St, Clay City, IN, 47841 offers a 15.49% rental yield on a $187,600 purchase with $2,422/mo rent. Total monthly income registers $2,422/mo, and a $918/mo payment leaves $1,296/mo available for distribution. Annual cash flow reaches $15,553/yr on $62,189 to close, and return on cash invested stands at 44.92% in year one. Equity gained on principal adds $1,211/yr while 5% annual appreciation supports $51,830 over five years. Portfolio math shows five-year ROI at 236.78% and total cumulative return in cash at $147,255. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,422/mo property income against a $918/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1919
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47841, Clay City, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 994 (100%) |
| Owner Occupied HU | 681 (68.5%) |
| Renter Occupied HU | 204 (20.5%) |
| Vacant Housing Units | 109 (11.0%) |
| Median Home Value | $126,894 |
| Average Home Value | $147,559 |
Residential
951
Single Family
951
Multi-Family
0
Businesses
70
Date | Event | Price |
|---|---|---|
| 2025-06-09 | Listing removed | $199,900 |
| 2025-05-19 | Listed for sale | $199,900 |
| 2015-07-16 | Listing removed | $30,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $655.32 | 0.37% | $45,200 | -0.66% |
| 2023-11-02 | $652.92 | 6.52% | $45,500 | -2.78% |
| 2022-11-02 | $612.96 | 7.85% | $46,800 | 16.71% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
