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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% |
Investment property for sale in Vevay at 5719 E State Rd #56, Vevay, IN, 47043 uses $102,732 cash to close to unlock $426/yr annual cash flow and $36/mo monthly cash flow. Total monthly income runs $1,896/mo, and a $1,517/mo payment keeps the spread at $36/mo. Purchase price stands at $309,900, and rental yield measures 7.34% with $1,896/mo rent. Return on cash invested shows 20.32% in year one, and 5% annual appreciation builds toward $85,620 over five years. Five-year ROI reaches 104.84% and total cumulative return in cash records $107,700. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,896/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Single Family
Built in 2000
3.35 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47043, Vevay, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,458 (100%) |
| Owner Occupied HU | 1,489 (60.6%) |
| Renter Occupied HU | 640 (26.0%) |
| Vacant Housing Units | 329 (13.4%) |
| Median Home Value | $227,024 |
| Average Home Value | $260,406 |
Residential
2,316
Single Family
2,218
Multi-Family
98
Businesses
163
Date | Event | Price |
|---|---|---|
| 2024-09-04 | Listed for sale | $309,900 |
| 2024-02-09 | Listing removed | N/A |
| 2023-12-08 | Price change | $299,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Joseph Rider • Rider Realty LLC
Mls Name: SEIBR
Mls ID: #203668
Disclaimer: Copyright Southeastern Indiana Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
