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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 Palmyra at 657 Heuser Street NE, Palmyra, IN, 47164 priced at $224,900 pairs $1,679/mo rent with $329/mo cash flow after a $1,101/mo payment. Total monthly income equals $1,679/mo, and annual cash flow comes to $3,945/yr on $74,554 invested. Return on cash invested is 25.2% in year one, and rental yield stands at 8.96% on a $224,900 basis. Equity gained on principal adds $1,451/yr, and 5% annual appreciation accumulates to $62,136 by year five. Five-year ROI measures 131% and total cumulative return in cash reaches $97,669. For financing, Ziffy Mortgage’s DSCR program evaluates $1,679/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47164, Palmyra, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,602 (100%) |
| Owner Occupied HU | 1,200 (74.9%) |
| Renter Occupied HU | 292 (18.2%) |
| Vacant Housing Units | 110 ( 6.9%) |
| Median Home Value | $230,747 |
| Average Home Value | $244,842 |
Residential
1,490
Single Family
1,490
Multi-Family
0
Businesses
69
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: Jeremy L Ward • Ward Realty Services
Mls Name: SIRA
Mls ID: #2025012743
