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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 Austin at 630 W Cross St, Austin, IN, 47102 generates $1,274/mo in rent and, after a $881/mo payment, leaves $194/mo in cash flow. Total monthly income is $1,274/mo, and annual cash flow is $2,323/yr on $59,637 invested. Return on cash invested sits at 23.8% in year one, and rental yield is 8.5% on a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 123.54% and total cumulative return in cash sums $73,677. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,274/mo property income rather than buyer’s personal income.
Single Family
Built in 1982
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47102, Austin, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,141 (100%) |
| Owner Occupied HU | 1,881 (59.9%) |
| Renter Occupied HU | 992 (31.6%) |
| Vacant Housing Units | 268 ( 8.5%) |
| Median Home Value | $160,398 |
| Average Home Value | $189,765 |
Residential
2,824
Single Family
2,824
Multi-Family
0
Businesses
121
Date | Event | Price |
|---|---|---|
| 2025-10-03 | Sold | $179,900 |
| 2025-08-13 | Pending sale | $179,900 |
| 2025-07-31 | Listed for sale | $179,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-31 | $1076.36 | 9.33% | $39,900 | -1.97% |
| 2023-10-31 | $984.50 | 19.42% | $40,700 | -8.74% |
| 2022-10-31 | $824.38 | 3.57% | $44,600 | 12.06% |
Listed by: Tamara Barger • Kovener & Associates Real Esta
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22054787
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-31 02:23:08 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
