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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% |
Investment property for sale in Georgetown at 5369 State Road 62, Georgetown, IN, 47122 listed at $297,900 pairs $2,486/mo rent with a $1,458/mo payment to leave $698/mo cash flow. Total monthly income runs $2,486/mo, and annual cash flow reaches $8,374/yr on $98,754 cash to close. Return on cash invested measures 28.39% in year one, and rental yield registers 10.01% at a $297,900 basis. Equity gained on principal adds $1,922/yr, and annual property appreciation at 5% supports $82,304 by year five. Five-year ROI tracks 148.07% and total cumulative return in cash totals $146,221. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,486/mo property income relative to a $1,458/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1938
1.36 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47122, Georgetown, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,539 (100%) |
| Owner Occupied HU | 3,927 (86.5%) |
| Renter Occupied HU | 451 ( 9.9%) |
| Vacant Housing Units | 161 ( 3.5%) |
| Median Home Value | $317,873 |
| Average Home Value | $358,790 |
Residential
4,505
Single Family
4,481
Multi-Family
24
Businesses
186
Date | Event | Price |
|---|---|---|
| 2025-03-24 | Listed for sale | $297,900 |
| 2025-03-10 | Listing removed | $297,900 |
| 2025-03-03 | Price change | $297,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-26 | $1388.38 | 10.71% | $207,800 | 6.62% |
| 2023-03-26 | $1254.04 | 10.30% | $194,900 | 11.12% |
| 2022-03-26 | $1136.98 | 33.67% | $175,400 | 9.15% |
Listed by: Hannah Paul • RE/MAX FIRST
Mls Name: SIRA
Mls Provider:
Mls ID: #202505830
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.
