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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 New Whiteland at 57 Oakden Ct, New Whiteland, IN, 46184 generates $1,875/mo in rent and, after a $1,297/mo payment, leaves $284/mo in cash flow. Total monthly income is $1,875/mo, and annual cash flow is $3,411/yr on $87,848 invested. Return on cash invested sits at 23.79% in year one, and rental yield is 8.49% on a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 123.48% and total cumulative return in cash sums $108,471. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,875/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46184, Whiteland, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,190 (100%) |
| Owner Occupied HU | 4,390 (84.6%) |
| Renter Occupied HU | 740 (14.3%) |
| Vacant Housing Units | 60 ( 1.2%) |
| Median Home Value | $261,290 |
| Average Home Value | $282,753 |
Residential
5,129
Single Family
5,129
Multi-Family
0
Businesses
293
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: Jeffrey Paxson • Jeff Paxson Team
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22062392
