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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 Redkey at 5892 W 575 S, Redkey, IN, 47373 earns from $1,486/mo rent with a $1,610/mo payment. Total monthly income totals $1,486/mo. ROI tracks 14.53% on current figures, and rental yield reads 5.42% at a $329,000 purchase. Equity gained on principal adds $2,123/yr, and 5% annual appreciation supports $90,897 over five years. Five-year ROI reaches 73.79% and total cumulative return in cash sums $80,481. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,486/mo property income instead of your personal income.
Single Family
Built in 1879
6.22 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47373, Redkey, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 973 (100%) |
| Owner Occupied HU | 665 (68.3%) |
| Renter Occupied HU | 186 (19.1%) |
| Vacant Housing Units | 122 (12.5%) |
| Median Home Value | $162,750 |
| Average Home Value | $215,075 |
Residential
603
Single Family
603
Multi-Family
0
Businesses
42
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: Jerod Clark • Century 21 Advance
Mls Name: IRMLS
Mls ID: #202539874
