6412 N Stinson Rd, Morgantown, IN, 46160 | 5.58% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

6412 N Stinson Rd, Morgantown, IN, 46160 | 5.58% Rental Yield | Ziffy

For Sale

Airbnb Potential

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
4508 sft

5998 Bear Creek Rd, Morgantown, IN, 46160

1 Bed
2 Bath
1017 sft

5735 N Slippery Elm Shoot Rd, Morgantown, IN, 46160

3 Bed
2 Bath
2200 sft

5292 N Lick Creek Rd, Morgantown, IN, 46160

2 Bed
2 Bath
2232 sft

5052 Helmsburg School Rd, Morgantown, IN, 46160

Nearby investment properties with comparable prices

Airbnb Potential+ 1 more

3 Bed
2 Bath
1088 sft

9018 S Pointe Ridge Ln #10, Bloomington, IN, 47401

2 Bed
1 Bath
1050 sft

420 N Kimble Dr, Bloomington, IN, 47404

2 Bed
2 Bath
1007 sft

9617 S Lake Ridge Dr #4, Bloomington, IN, 47401

2 Bed
1 Bath
864 sft

8563 S Old State Road 37, Bloomington, IN, 47403

Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

Explore more listings using simple english

Investment Highlights

Rental property for sale in Morgantown at 6412 N Stinson Rd, Morgantown, IN, 46160 generates $930/mo in rent, after a $978/mo payment. Total monthly income is $930/mo. Return on cash invested sits at 15.03% in year one, and rental yield is 5.58% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 76.46% and total cumulative return in cash sums $50,665. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $930/mo property income rather than buyer’s personal income.

Manufactured

Built in 1995

5 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to your peaceful country escape! This beautifully remodeled single-wide mobile home is nestled on 5 acres of scenic rural land, offering the perfect blend of open space and wooded privacy. Whether you're looking for a quiet homestead, weekend getaway, or investment opportunity, this property checks all the boxes. The home features a fresh, modern interior with updated flooring, new fixtures, and a bright, open layout. The kitchen has been tastefully upgraded, and the living space is both cozy and functional - ready for you to move in and make it your own. Outside, enjoy the natural beauty of your surroundings. The land offers a mix of cleared space-ideal for a garden, hobby farm, or future expansion-and mature trees that provide shade, seclusion, and a habitat for local wildlife. Remodel in the last few years included new mechanicals, roof, flooring, and much more. The small barn has electrical running to it and was used as a larger animal shelter. It can easily be used as a workshop, additional entertaining space, or just storage.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46160, Morgantown, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,890 (100%)
Owner Occupied HU	2,204 (76.3%)
Renter Occupied HU	377 (13.0%)
Vacant Housing Units	309 (10.7%)
Median Home Value	$254,857
Average Home Value	$319,090