








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 New Palestine at 5624 W Stinemyer Rd, New Palestine, IN, 46130 listed at $390,000 pairs $1,440/mo rent with a $1,909/mo payment. Total monthly income runs $1,440/mo. Return on cash invested measures 11.54% in year one, and rental yield registers 4.43% at a $390,000 basis. Equity gained on principal adds $2,517/yr, and annual property appreciation at 5% supports $107,750 by year five. Five-year ROI tracks 57.74% and total cumulative return in cash totals $74,648. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,440/mo property income relative to a $1,909/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46130, Fountaintown, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 982 (100%) |
| Owner Occupied HU | 822 (83.7%) |
| Renter Occupied HU | 132 (13.4%) |
| Vacant Housing Units | 28 ( 2.9%) |
| Median Home Value | $282,246 |
| Average Home Value | $313,887 |
Residential
952
Single Family
952
Multi-Family
0
Businesses
25
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Sean Daniels • Daniels Real Estate
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22077092