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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 Clinton at 660 Mulberry St, Clinton, IN, 47842 priced at $215,000 converts $1,735/mo rent into $445/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,735/mo, and annual cash flow totals $5,337/yr on $71,273 invested. Return on cash invested prints 27.4% in year one, and rental yield reads 9.68% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 142.78% and total cumulative return in cash sums $101,761. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,735/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 1918
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47842, Clinton, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,693 (100%) |
| Owner Occupied HU | 3,055 (65.1%) |
| Renter Occupied HU | 1,185 (25.3%) |
| Vacant Housing Units | 453 ( 9.7%) |
| Median Home Value | $118,074 |
| Average Home Value | $145,853 |
Residential
4,235
Single Family
4,065
Multi-Family
170
Businesses
254
Date | Event | Price |
|---|---|---|
| 2025-06-05 | Listed for sale | $215,000 |
| 2024-12-26 | Listing removed | $90,000 |
| 2024-09-23 | Price change | $90,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-06 | $1047.00 | -0.48% | $98,200 | -6.21% |
| 2023-06-06 | $1052.00 | 11.80% | $104,700 | -0.48% |
| 2022-06-06 | $941.00 | 18.36% | $105,200 | 11.80% |
Listed by: Jeff Michalic • MOSSY OAK PROPERTIES INDIANA LAND AND LIFESTYLE
Mls Name: THAAR
Mls Provider:
Mls ID: #106559
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Terre Haute Area Association of Realtors. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. Copyright 2025 Terre Haute Area Association of Realtors. All Rights Reserved. Last Updated: 2025-06-06 07:26:22 PDT
