Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Newtown at 603 E Washington St, Newtown, IN, 47969 listed at $155,000 pairs $1,270/mo rent with a $759/mo payment to leave $339/mo cash flow. Total monthly income runs $1,270/mo, and annual cash flow reaches $4,071/yr on $51,383 cash to close. Return on cash invested measures 27.83% in year one, and rental yield registers 9.83% at a $155,000 basis. Equity gained on principal adds $1,000/yr, and annual property appreciation at 5% supports $42,824 by year five. Five-year ROI tracks 145.13% and total cumulative return in cash totals $74,572. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,270/mo property income relative to a $759/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1966
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47969, Newtown, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 79 (100%) |
| Owner Occupied HU | 60 (75.9%) |
| Renter Occupied HU | 7 ( 8.9%) |
| Vacant Housing Units | 12 (15.2%) |
| Median Home Value | $251,613 |
| Average Home Value | $196,917 |
Residential
1
Single Family
1
Multi-Family
0
Businesses
8
Date | Event | Price |
|---|---|---|
| 2024-12-30 | Sold | $155,000 |
| 2024-11-23 | Pending sale | $155,000 |
| 2024-11-08 | Price change | $155,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $469.76 | 124.89% | $107,100 | 14.42% |
| 2023-10-24 | $208.88 | -79.81% | $93,600 | 44.67% |
| 2022-10-24 | $1034.76 | 6.87% | $64,700 | 17.21% |
Listed by: John Townsend • Trueblood Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202435654
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.
