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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 Rising Sun at 518 5th St, Rising Sun, IN, 47040 generates $1,566/mo in rent and, after a $1,122/mo payment, leaves $190/mo in cash flow. Total monthly income is $1,566/mo, and annual cash flow is $2,280/yr on $75,980 invested. Return on cash invested sits at 22.91% in year one, and rental yield is 8.2% on a $229,200 entry. Equity gained on principal adds $1,479/yr, while 5% annual appreciation builds toward $63,324 over five years. Five-year ROI reaches 118.68% and total cumulative return in cash sums $90,176. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,566/mo property income rather than buyer’s personal income.
Single Family
Built in 1937
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47040, Rising Sun, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,432 (100%) |
| Owner Occupied HU | 1,598 (65.7%) |
| Renter Occupied HU | 576 (23.7%) |
| Vacant Housing Units | 258 (10.6%) |
| Median Home Value | $199,459 |
| Average Home Value | $255,566 |
Residential
2,305
Single Family
2,135
Multi-Family
170
Businesses
126
Date | Event | Price |
|---|---|---|
| 2025-06-12 | Listing removed | $224,900 |
| 2025-06-09 | Listed for sale | $224,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-20 | $814.18 | 20.09% | $124,400 | 10.38% |
| 2023-10-20 | $678.00 | 15.29% | $112,700 | 7.03% |
| 2022-10-20 | $588.08 | 13.48% | $105,300 | 15.59% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
