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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% |
Rental property for sale in Swayzee at 504 S 3rd St, Swayzee, IN, 46986 priced at $400,000 pairs $2,714/mo rent with $313/mo cash flow after a $1,958/mo payment. Total monthly income equals $2,714/mo, and annual cash flow comes to $3,752/yr on $132,600 invested. Return on cash invested is 22.74% in year one, and rental yield stands at 8.14% on a $400,000 basis. Equity gained on principal adds $2,581/yr, and 5% annual appreciation accumulates to $110,513 by year five. Five-year ROI measures 117.77% and total cumulative return in cash reaches $156,160. For financing, Ziffy Mortgage’s DSCR program evaluates $2,714/mo property income against a $1,958/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1971
1.16 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46986, Swayzee, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 775 (100%) |
| Owner Occupied HU | 585 (75.5%) |
| Renter Occupied HU | 113 (14.6%) |
| Vacant Housing Units | 77 ( 9.9%) |
| Median Home Value | $198,093 |
| Average Home Value | $241,585 |
Residential
649
Single Family
649
Multi-Family
0
Businesses
36
Date | Event | Price |
|---|---|---|
| 2025-04-24 | Listed for sale | $400,000 |
| 2024-02-29 | Sold | $350,000 |
| 2017-09-29 | Sold | $210,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-25 | $2390.26 | -2.76% | $289,600 | 8.30% |
| 2023-04-25 | $2458.00 | 8.66% | $267,400 | 4.70% |
| 2022-04-25 | $2262.00 | -2.37% | $255,400 | 8.59% |
Listed by: Nick Krieg • Empire Real Estate LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514390
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
