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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 Westpoint at 5867 S 900 W, Westpoint, IN, 47992 generates $2,898/mo in rent, after a $2,447/mo payment. Total monthly income is $2,898/mo. Return on cash invested sits at 19.16% in year one, and rental yield is 6.96% on a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 98.58% and total cumulative return in cash sums $163,368. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,898/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
9.61 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47992, Westpoint, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 615 (100%) |
| Owner Occupied HU | 527 (85.7%) |
| Renter Occupied HU | 52 ( 8.5%) |
| Vacant Housing Units | 36 ( 5.9%) |
| Median Home Value | $317,619 |
| Average Home Value | $537,571 |
Residential
502
Single Family
502
Multi-Family
0
Businesses
17
Date | Event | Price |
|---|---|---|
| 2025-04-08 | Listed for sale | $499,900 |
| 2018-03-05 | Sold | $260,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-09 | $2545.64 | 8.70% | $344,900 | 12.79% |
| 2022-04-09 | $2342.00 | 12.82% | $305,800 | 11.32% |
| 2021-04-09 | $2075.94 | 27.93% | $274,700 | N/A |
Listed by: Sharon Walter • Keller Williams Lafayette
Mls Name: IRMLS
Mls Provider:
Mls ID: #202511816
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.
