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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 Westport at 503 E Bennett St, Westport, IN, 47283 at $270,000 posts ROI 26.89% with $521/mo cash flow from $2,142/mo rent. Total monthly income equals $2,142/mo, and annual cash flow records $6,249/yr on $89,505 to close. Return on cash invested measures 26.89% and rental yield reads 9.52% at the current $270,000. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 by year five. Five-year ROI prints 140.05% and total cumulative return in cash totals $125,353.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,142/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1951
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47283, Westport, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,492 (100%) |
| Owner Occupied HU | 1,106 (74.1%) |
| Renter Occupied HU | 242 (16.2%) |
| Vacant Housing Units | 144 ( 9.7%) |
| Median Home Value | $234,951 |
| Average Home Value | $273,732 |
Residential
1,265
Single Family
1,265
Multi-Family
0
Businesses
60
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: Morgan Abel • Abel Realty LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22062631
