








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 521 Penn St, Decatur, IN, 46733 earns $228/mo cash flow from $977/mo rent with a $611/mo payment. Total monthly income totals $977/mo, and annual cash flow totals $2,731/yr on $41,404 capital. ROI tracks 26.5% on current figures, and rental yield reads 9.39% at a $124,900 purchase. Equity gained on principal adds $806/yr, and 5% annual appreciation supports $34,508 over five years. Five-year ROI reaches 138.01% and total cumulative return in cash sums $57,142. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $977/mo property income instead of your personal income.
Single Family
Built in 1930
6,534 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 |
|---|---|---|
| 2025-04-09 | Listed for sale | $124,900 |
| 2021-05-05 | Sold | $77,000 |
| 2021-04-20 | Pending sale | $75,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-10 | N/A | N/A | $89,000 | 6.84% |
| 2023-04-10 | N/A | N/A | $83,300 | 4.26% |
| 2022-04-10 | $425.14 | 6.46% | $79,900 | 7.83% |



What's Special
Pull Down Stairs,Storage
Listed by: Trevor Gray • Krueckeberg Auction And Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202511900
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.