








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 New Harmony at 627 Frederick St, New Harmony, IN, 47631 listed at $450,000 pairs $1,000/mo rent with a $2,203/mo payment. Total monthly income runs $1,000/mo. Return on cash invested measures 6.22% in year one, and rental yield registers 2.67% at a $450,000 basis. Equity gained on principal adds $2,904/yr, and annual property appreciation at 5% supports $124,327 by year five. Five-year ROI tracks 29.21% and total cumulative return in cash totals $43,578. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,000/mo property income relative to a $2,203/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1970
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47631, New Harmony, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 999 (100%) |
| Owner Occupied HU | 708 (70.9%) |
| Renter Occupied HU | 140 (14.0%) |
| Vacant Housing Units | 151 (15.1%) |
| Median Home Value | $231,905 |
| Average Home Value | $285,459 |
Residential
546
Single Family
546
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: Chadd Huffman • RK Brokerage LLC
Mls Name: IRMLS
Mls ID: #202547673