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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 Westpoint at 6950 Jefferson St, Westpoint, IN, 47992 uses $51,383 cash to close to unlock $2,907/yr annual cash flow and $242/mo monthly cash flow. Total monthly income runs $1,173/mo, and a $759/mo payment keeps the spread at $242/mo. Purchase price stands at $155,000, and rental yield measures 9.08% with $1,173/mo rent. Return on cash invested shows 25.57% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 133.03% and total cumulative return in cash records $68,356. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,173/mo property income covering a $759/mo payment rather than investor’s personal income.
Manufactured
Built in 1990
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47992, Westpoint, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 615 (100%) |
| Owner Occupied HU | 527 (85.7%) |
| Renter Occupied HU | 52 ( 8.5%) |
| Vacant Housing Units | 36 ( 5.9%) |
| Median Home Value | $317,619 |
| Average Home Value | $537,571 |
Residential
502
Single Family
502
Multi-Family
0
Businesses
17
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: Christine Clugh • Raeco Realty
Mls Name: IRMLS
Mls ID: #202544009
