








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 New Harmony at 501 Goad Cemetery Rd E, New Harmony, IN, 47631 with 5% annual appreciation on a $100,000 basis while $779/mo rent supports operations. Total monthly income totals $779/mo and a $489/mo payment preserves $179/mo for cash returns. Annual cash flow comes to $2,150/yr on $33,150 deployed, and return on cash invested reaches 26.39% in year one. Equity gained on principal adds $645/yr, and five-year appreciation sums $27,628 alongside rental yield of 9.35%. Five-year ROI measures 137.5% and total cumulative return in cash totals $45,580.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $779/mo property income versus a $489/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1977
5 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47631, New Harmony, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 999 (100%) |
| Owner Occupied HU | 708 (70.9%) |
| Renter Occupied HU | 140 (14.0%) |
| Vacant Housing Units | 151 (15.1%) |
| Median Home Value | $231,905 |
| Average Home Value | $285,459 |
Residential
546
Single Family
546
Multi-Family
0
Businesses
70
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: Tom Dutkiewicz • William Wilson Auction-Realty, Inc
Mls Name: My State MLS
Mls ID: #11587259