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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 Sweetser at 628 Wes Way, Sweetser, IN, 46987 offers $2,173/mo rent that, after a $1,713/mo payment, leaves $72/mo cash flow. Total monthly income is $2,173/mo, and annual cash flow is $866/yr on $115,992 cash. Return on cash invested measures 20.66% in year one, and rental yield stands at 7.45% at a $349,900 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,671 by year five. Five-year ROI records 106.64% and total cumulative return in cash reaches $123,690. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,173/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
0.46 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 |
|---|---|---|
| 2025-04-15 | Listed for sale | $349,900 |
| 2010-09-24 | Sold | $219,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-17 | $1895.76 | -3.19% | $235,500 | 3.11% |
| 2023-04-17 | $1958.18 | 15.01% | $228,400 | 15.76% |
| 2022-04-17 | $1702.64 | 3.15% | $197,300 | 10.10% |
Listed by: Sally A Jenks • RE/MAX Realty One
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512905
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.
