Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Decatur at 519 N 2nd St, Decatur, IN, 46733 at $109,000 posts ROI 25.34% with $163/mo cash flow from $860/mo rent. Total monthly income equals $860/mo, and annual cash flow records $1,961/yr on $36,134 to close. Return on cash invested measures 25.34% and rental yield reads 9.47% at the current $109,000. Equity gained on principal adds $703/yr, and 5% annual appreciation supports $30,115 by year five. Five-year ROI prints 132.27% and total cumulative return in cash totals $47,794.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $860/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1890
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46733, Decatur, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,091 (100%) |
| Owner Occupied HU | 5,906 (73.0%) |
| Renter Occupied HU | 1,700 (21.0%) |
| Vacant Housing Units | 485 ( 6.0%) |
| Median Home Value | $216,630 |
| Average Home Value | $273,796 |
Residential
7,603
Single Family
7,462
Multi-Family
141
Businesses
584
Date | Event | Price |
|---|---|---|
| 2024-08-26 | Price change | $109,000 |
| 2024-04-22 | Listed for sale | $119,000 |
| 2023-05-09 | Listing removed | $119,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-19 | $1406.00 | -45.63% | $151,200 | 7.31% |
| 2022-11-19 | $2586.00 | 8.02% | $140,900 | 8.72% |
| 2021-11-19 | $2394.00 | 5.00% | $129,600 | 8.00% |
Listed by: Trevor Gray • Krueckeberg Auction And Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202413619
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.
