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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 Hamlet at 60 S Jefferson St, Hamlet, IN, 46532 priced at $250,500 converts $2,062/mo rent into $558/mo cash flow after a $1,226/mo obligation. Total monthly income equals $2,062/mo, and annual cash flow totals $6,700/yr on $83,041 invested. Return on cash invested prints 27.98% in year one, and rental yield reads 9.88% against a $250,500 entry. Equity gained on principal adds $1,616/yr, while 5% annual appreciation compiles into $69,209 by year five. Five-year ROI reaches 145.89% and total cumulative return in cash sums $121,151. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,062/mo property income covering a $1,226/mo payment, not borrower’s personal income.
Single Family
Built in 2023
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46532, Hamlet, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 792 (100%) |
| Owner Occupied HU | 587 (74.1%) |
| Renter Occupied HU | 146 (18.4%) |
| Vacant Housing Units | 59 ( 7.4%) |
| Median Home Value | $163,750 |
| Average Home Value | $201,116 |
Residential
566
Single Family
566
Multi-Family
0
Businesses
43
Date | Event | Price |
|---|---|---|
| 2025-07-02 | Sold | $250,500 |
| 2025-06-13 | Price change | $258,000 |
| 2025-06-04 | Listed for sale | $270,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-13 | $234.12 | -17.88% | $221,000 | 2045.63% |
| 2023-10-13 | $285.08 | 1631.96% | $10,300 | 10.75% |
| 2022-10-13 | $16.46 | 0.12% | $9,300 | 1760.00% |
Listed by: Shannon K Lunetta • RE/MAX OAK CREST -PLYMOUTH
Mls Name: IRMLS
Mls Provider:
Mls ID: #202521173
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.
