Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Spencer at 6473 Old Cuba Rd, Spencer, IN, 47460 earns from $2,759/mo rent with a $3,622/mo payment. Total monthly income totals $2,759/mo. ROI tracks 11.76% on current figures, and rental yield reads 4.47% at a $740,000 purchase. Equity gained on principal adds $4,775/yr, and 5% annual appreciation supports $204,448 over five years. Five-year ROI reaches 58.89% and total cumulative return in cash sums $143,362. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,759/mo property income instead of your personal income.
Single Family
Built in 1974
27.31 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47460, Spencer, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,190 (100%) |
| Owner Occupied HU | 3,784 (72.9%) |
| Renter Occupied HU | 949 (18.3%) |
| Vacant Housing Units | 457 ( 8.8%) |
| Median Home Value | $187,057 |
| Average Home Value | $214,772 |
Residential
4,901
Single Family
4,899
Multi-Family
2
Businesses
417
Date | Event | Price |
|---|---|---|
| 2025-04-21 | Sold | $740,000 |
| 2025-02-10 | Pending sale | $997,500 |
| 2024-10-04 | Listed for sale | $997,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $2603.40 | -8.97% | $284,600 | 5.41% |
| 2023-10-22 | $2860.02 | 15.86% | $270,000 | 2.23% |
| 2022-10-22 | $2468.52 | 2.91% | $264,100 | 27.83% |
Listed by: Amanda Richardson • F.C. Tucker/Bloomington, REALT
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22005196
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-22 05:18:11 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)
