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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 West Harrison at 54 Sheldon St, West Harrison, IN, 47060 generates $1,895/mo in rent and, after a $1,062/mo payment, leaves $593/mo in cash flow. Total monthly income is $1,895/mo, and annual cash flow is $7,111/yr on $71,902 invested. Return on cash invested sits at 29.8% in year one, and rental yield is 10.48% on a $216,900 entry. Equity gained on principal adds $1,400/yr, while 5% annual appreciation builds toward $59,925 over five years. Five-year ROI reaches 155.66% and total cumulative return in cash sums $111,922. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,895/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47060, West Harrison, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,947 (100%) |
| Owner Occupied HU | 2,442 (82.9%) |
| Renter Occupied HU | 375 (12.7%) |
| Vacant Housing Units | 130 ( 4.4%) |
| Median Home Value | $316,798 |
| Average Home Value | $332,482 |
Residential
2,955
Single Family
2,897
Multi-Family
58
Businesses
113
Date | Event | Price |
|---|---|---|
| 2025-05-05 | Listing removed | $214,900 |
| 2025-05-01 | Listed for sale | $214,900 |
| 2022-09-16 | Sold | $165,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-12 | $670.68 | 2.19% | $107,000 | -0.93% |
| 2023-10-12 | $656.28 | -3.21% | $108,000 | 1.41% |
| 2022-10-12 | $678.04 | 2.23% | $106,500 | 5.13% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
