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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 Camden at 587 E Cumberland St, Camden, IN, 46917 offers a 11.46% rental yield on a $120,000 purchase with $1,146/mo rent. Total monthly income registers $1,146/mo, and a $587/mo payment leaves $426/mo available for distribution. Annual cash flow reaches $5,112/yr on $39,780 to close, and return on cash invested stands at 32.76% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,154 over five years. Portfolio math shows five-year ROI at 171.51% and total cumulative return in cash at $68,227. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,146/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1901
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46917, Camden, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 761 (100%) |
| Owner Occupied HU | 612 (80.4%) |
| Renter Occupied HU | 104 (13.7%) |
| Vacant Housing Units | 45 ( 5.9%) |
| Median Home Value | $160,000 |
| Average Home Value | $200,041 |
Residential
512
Single Family
512
Multi-Family
0
Businesses
39
Date | Event | Price |
|---|---|---|
| 2025-09-12 | Listed for sale | $120,000 |
| 2015-04-26 | Listing removed | $24,900 |
| 2014-08-16 | Listed for sale | $24,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-15 | $686.00 | 10.29% | $35,300 | 2.92% |
| 2023-09-15 | $622.00 | 6.87% | $34,300 | 10.29% |
| 2022-09-15 | $582.00 | 7.78% | $31,100 | 6.87% |
Listed by: Spencer Childers • Keller Williams Lafayette
Mls Name: IRMLS
Mls Provider:
Mls ID: #202536904
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.
