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% |
Rental property for sale in Clay City at 605 W 7th St, Clay City, IN, 47841 generates $2,378/mo in rent and, after a $1,224/mo payment, leaves $877/mo in cash flow. Total monthly income is $2,378/mo, and annual cash flow is $10,523/yr on $82,875 invested. Return on cash invested sits at 32.61% in year one, and rental yield is 11.41% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 170.68% and total cumulative return in cash sums $141,454. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,378/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
4.57 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47841, Clay City, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 994 (100%) |
| Owner Occupied HU | 681 (68.5%) |
| Renter Occupied HU | 204 (20.5%) |
| Vacant Housing Units | 109 (11.0%) |
| Median Home Value | $126,894 |
| Average Home Value | $147,559 |
Residential
951
Single Family
951
Multi-Family
0
Businesses
70
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: DEBBIE MERSHON • A & B HOMES
Mls Name: THAAR
Mls ID: #107885
