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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 Madison at 622 Walnut Street, Madison, IN, 47250 earns from $1,770/mo rent with a $1,957/mo payment. Total monthly income totals $1,770/mo. ROI tracks 14.2% on current figures, and rental yield reads 5.31% at a $399,900 purchase. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 over five years. Five-year ROI reaches 72% and total cumulative return in cash sums $95,444. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,770/mo property income instead of your personal income.
Multi Family
Built in 1900
4,721 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47250, Madison, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,256 (100%) |
| Owner Occupied HU | 6,609 (64.4%) |
| Renter Occupied HU | 2,671 (26.0%) |
| Vacant Housing Units | 976 ( 9.5%) |
| Median Home Value | $232,661 |
| Average Home Value | $249,506 |
Residential
9,501
Single Family
9,288
Multi-Family
213
Businesses
902
Date | Event | Price |
|---|---|---|
| 2024-10-07 | Listed for sale | $399,900 |
| 2024-09-30 | Listing removed | $419,900 |
| 2024-08-06 | Listed for sale | $419,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | $1780.00 | 257.43% | $245,700 | 176.07% |
| 2022-10-14 | $498.00 | N/A | $89,000 | 257.43% |
| 2021-10-14 | $498.00 | N/A | $24,900 | N/A |
Listed by: Bailey McLean • RE/MAX FIRST
Mls Name: SIRA
Mls Provider:
Mls ID: #2024011388
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.
