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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 Knightstown at 517 W Main St, Knightstown, IN, 46148 offers $2,005/mo rent that, after a $1,190/mo payment, leaves $546/mo cash flow. Total monthly income is $2,005/mo, and annual cash flow is $6,547/yr on $80,588 cash. Return on cash invested measures 28.03% in year one, and rental yield stands at 9.9% at a $243,100 entry. Equity gained on principal adds $1,569/yr while 5% annual appreciation compounds into $67,164 by year five. Five-year ROI records 146.19% and total cumulative return in cash reaches $117,808. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,005/mo property income versus a $1,190/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1840
1.42 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46148, Knightstown, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,206 (100%) |
| Owner Occupied HU | 1,559 (70.7%) |
| Renter Occupied HU | 458 (20.8%) |
| Vacant Housing Units | 189 ( 8.6%) |
| Median Home Value | $233,295 |
| Average Home Value | $261,750 |
Residential
2,056
Single Family
1,995
Multi-Family
61
Businesses
185
Date | Event | Price |
|---|---|---|
| 2024-10-10 | Listing removed | $209,500 |
| 2024-09-23 | Price change | $209,500 |
| 2024-09-09 | Listed for sale | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-26 | $1838.00 | 10.92% | $192,000 | 15.59% |
| 2023-10-26 | $1657.00 | 14.99% | $166,100 | 7.16% |
| 2022-10-26 | $1441.00 | 2.64% | $155,000 | 16.28% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
