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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 Sweetser at 603 N Broadway St, Sweetser, IN, 46987 with 5% annual appreciation on a $159,900 basis while $1,564/mo rent supports operations. Total monthly income totals $1,564/mo and a $783/mo payment preserves $604/mo for cash returns. Annual cash flow comes to $7,245/yr on $53,007 deployed, and return on cash invested reaches 33.58% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,177 alongside rental yield of 11.74%. Five-year ROI measures 175.91% and total cumulative return in cash totals $93,246.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,564/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1964
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46987, Sweetser, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 446 (100%) |
| Owner Occupied HU | 341 (76.5%) |
| Renter Occupied HU | 81 (18.2%) |
| Vacant Housing Units | 24 ( 5.4%) |
| Median Home Value | $194,471 |
| Average Home Value | $210,814 |
Residential
1
Single Family
1
Multi-Family
0
Businesses
21
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: Joe Schroder • RE/MAX Realty One
Mls Name: IRMLS
Mls ID: #202544988
