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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 Markle at 555 N Maddux St, Markle, IN, 46770 generates $1,579/mo in rent and, after a $832/mo payment, leaves $557/mo in cash flow. Total monthly income is $1,579/mo, and annual cash flow is $6,687/yr on $56,322 invested. Return on cash invested sits at 31.78% in year one, and rental yield is 11.15% on a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 166.34% and total cumulative return in cash sums $93,686. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,579/mo property income rather than buyer’s personal income.
Single Family
Built in 1908
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46770, Markle, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,063 (100%) |
| Owner Occupied HU | 862 (81.1%) |
| Renter Occupied HU | 154 (14.5%) |
| Vacant Housing Units | 47 ( 4.4%) |
| Median Home Value | $245,548 |
| Average Home Value | $351,682 |
Residential
915
Single Family
907
Multi-Family
8
Businesses
78
Date | Event | Price |
|---|---|---|
| 2025-06-17 | Sold | $169,900 |
| 2025-05-07 | Pending sale | $169,900 |
| 2025-05-06 | Listed for sale | $169,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-16 | $1427.76 | 27.76% | $170,500 | 9.09% |
| 2023-10-16 | $1117.52 | 6.27% | $156,300 | 17.70% |
| 2022-10-16 | $1051.56 | 40.74% | $132,800 | 7.88% |
Listed by: Stacie Bellam-Fillman • Orizon Real Estate, Inc.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202516170
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.
