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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 Poland at 5490 Forest Ln, Poland, IN, 47868 offers $1,590/mo rent that, after a $685/mo payment, leaves $701/mo cash flow. Total monthly income is $1,590/mo, and annual cash flow is $8,415/yr on $46,377 cash. Return on cash invested measures 38.05% in year one, and rental yield stands at 13.64% at a $139,900 entry. Equity gained on principal adds $903/yr while 5% annual appreciation compounds into $38,652 by year five. Five-year ROI records 200.46% and total cumulative return in cash reaches $92,967. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,590/mo property income versus a $685/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47868, Poland, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,492 (100%) |
| Owner Occupied HU | 994 (66.6%) |
| Renter Occupied HU | 202 (13.5%) |
| Vacant Housing Units | 296 (19.8%) |
| Median Home Value | $171,488 |
| Average Home Value | $208,556 |
Residential
1,431
Single Family
1,286
Multi-Family
145
Businesses
19
Date | Event | Price |
|---|---|---|
| 2024-10-28 | Listing removed | $44,900 |
| 2024-10-09 | Listed for sale | $54,900 |
| 2024-06-26 | Listing removed | $79,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $1745.44 | 7.66% | $108,400 | 5.24% |
| 2023-10-24 | $1621.32 | 249.84% | $103,000 | 10.52% |
| 2022-10-24 | $463.44 | 5.97% | $93,200 | 16.06% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
