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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 Gas City at 624 E South F St, Gas City, IN, 46933 generates $1,619/mo in rent and, after a $798/mo payment, leaves $640/mo in cash flow. Total monthly income is $1,619/mo, and annual cash flow is $7,684/yr on $54,035 invested. Return on cash invested sits at 34.13% in year one, and rental yield is 11.92% on a $163,000 entry. Equity gained on principal adds $1,052/yr, while 5% annual appreciation builds toward $45,034 over five years. Five-year ROI reaches 178.92% and total cumulative return in cash sums $96,679. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,619/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46933, Gas City, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,947 (100%) |
| Owner Occupied HU | 1,943 (65.9%) |
| Renter Occupied HU | 776 (26.3%) |
| Vacant Housing Units | 228 ( 7.7%) |
| Median Home Value | $124,795 |
| Average Home Value | $191,109 |
Residential
2,829
Single Family
2,760
Multi-Family
69
Businesses
247
Date | Event | Price |
|---|---|---|
| 2025-09-01 | Listed for sale | $163,000 |
| 2019-03-25 | Sold | $26,000 |
| 2019-02-15 | Listed for sale | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-02 | $677.30 | 8.66% | $111,400 | 16.89% |
| 2023-09-02 | $623.32 | 20.39% | $95,300 | 14.96% |
| 2022-09-02 | $517.76 | 1.82% | $82,900 | 9.51% |
Listed by: Tuesday Liddick • Howell Realty Group, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202534904
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.
