








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in West Baden Springs at 504 N Hopkins St, West Baden Springs, IN, 47469 priced at $184,500 converts $1,506/mo rent into $315/mo cash flow after a $903/mo obligation. Total monthly income equals $1,506/mo, and annual cash flow totals $3,782/yr on $61,162 invested. Return on cash invested prints 26.09% in year one, and rental yield reads 9.8% against a $184,500 entry. Equity gained on principal adds $1,191/yr, while 5% annual appreciation compiles into $50,974 by year five. Five-year ROI reaches 136.42% and total cumulative return in cash sums $83,438. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,506/mo property income covering a $903/mo payment, not borrower’s personal income.
Single Family
Built in 1910
4,364 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-03-24 | Listed for sale | $184,500 |
| 2024-08-16 | Listing removed | $189,900 |
| 2024-02-16 | Listed for sale | $189,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-26 | $2531.04 | 40.27% | $136,800 | 8.83% |
| 2022-03-26 | $1804.40 | 283.72% | $125,700 | 40.76% |
| 2021-03-26 | $470.24 | 19.25% | $89,300 | 295.13% |



Listed by: RANDY A CHAPLIN • Brooks Galloway Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509622
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