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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% |
Investment property for sale in Hamlet at 6695 E 400 N, Hamlet, IN, 46532 listed at $215,000 pairs $3,000/mo rent with a $1,052/mo payment to leave $1,710/mo cash flow. Total monthly income runs $3,000/mo, and annual cash flow reaches $20,517/yr on $71,273 cash to close. Return on cash invested measures 48.7% in year one, and rental yield registers 16.74% at a $215,000 basis. Equity gained on principal adds $1,387/yr, and annual property appreciation at 5% supports $59,401 by year five. Five-year ROI tracks 256.98% and total cumulative return in cash totals $183,157. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,000/mo property income relative to a $1,052/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
3 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46532, Hamlet, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 792 (100%) |
| Owner Occupied HU | 587 (74.1%) |
| Renter Occupied HU | 146 (18.4%) |
| Vacant Housing Units | 59 ( 7.4%) |
| Median Home Value | $163,750 |
| Average Home Value | $201,116 |
Residential
566
Single Family
566
Multi-Family
0
Businesses
43
Date | Event | Price |
|---|---|---|
| 2025-09-29 | Sold | $215,000 |
| 2025-08-15 | Pending sale | $229,900 |
| 2025-08-05 | Listed for sale | $229,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: John Wampler • RE/MAX 1ST CHOICE REALTORS
Mls Name: IRMLS
Mls Provider:
Mls ID: #202530886
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.
