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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 Chrisney at 52 E Spring St, Chrisney, IN, 47611 generates $1,043/mo in rent and, after a $562/mo payment, leaves $354/mo in cash flow. Total monthly income is $1,043/mo, and annual cash flow is $4,244/yr on $38,089 invested. Return on cash invested sits at 31.05% in year one, and rental yield is 10.89% on a $114,900 entry. Equity gained on principal adds $741/yr, while 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 162.38% and total cumulative return in cash sums $61,850. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,043/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47611, Chrisney, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 543 (100%) |
| Owner Occupied HU | 420 (77.3%) |
| Renter Occupied HU | 73 (13.4%) |
| Vacant Housing Units | 50 ( 9.2%) |
| Median Home Value | $212,745 |
| Average Home Value | $264,530 |
Residential
459
Single Family
459
Multi-Family
0
Businesses
30
Date | Event | Price |
|---|---|---|
| 2025-06-26 | Listed for sale | $114,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-27 | $307.66 | 83.96% | $62,100 | 4.37% |
| 2023-06-27 | $167.24 | N/A | $59,500 | 24.22% |
| 2022-06-27 | N/A | N/A | $47,900 | 8.37% |
Listed by: Michael W Melton • ERA FIRST ADVANTAGE REALTY, INC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202524559
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.
