7000 S Us Highway 231, Freedom, IN, 47431 | Equity Gain $4,142/yr

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

7000 S Us Highway 231, Freedom, IN, 47431 | Equity Gain $4,142/yr | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

No similar rental properties found nearby.

Nearby investment properties with comparable prices

4 Bed
3 Bath
3258 sft

14756 State Road 59, Jasonville, IN, 47438

4 Bed
4 Bath
4360 sft

12952 W 400 N, Linton, IN, 47441

5 Bed
4 Bath
3226 sft

13681 W Auburn Ridge Ct, Linton, IN, 47441

6 Bed
4 Bath
4908 sft

1881 N Wildwood Dr, Linton, IN, 47441

Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

Explore more listings using simple english

Investment Highlights

Investment property for sale in Freedom at 7000 S Us Highway 231, Freedom, IN, 47431 listed at $641,900 pairs $0/mo rent with a $3,142/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -1.84% in year one, and rental yield registers 0% at a $641,900 basis. Equity gained on principal adds $4,142/yr, and annual property appreciation at 5% supports $177,345 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $3,142/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1985

44.34 Acres lot

$N/A/sqft

No HOA

More details about the property

Want to get out in the country. This solid brick-built country home sits on 44 +/- acres in a great location and has good views of the peaceful countryside. This property is located near the Owen/Greene County line and is conveniently located only 10 minutes from Spencer or 20 minutes from Bloomfield, enjoy all that country life has to offer but still only a short drive to town or work. This large country home has lots of room and is ready for someone to add their own personal touches to it. It has 4 bedrooms and 3.5 baths with approx. 2412 sq.ft. on the main and upper level. The home has 2 primary suites, with one being on the main level. It also has a wood burning fireplace, two nice patios, a 21x16 sunroom and a covered front porch with good views. An additional 800+/- sqft in the basement could be converted into a rec-room, additional bedrooms or whatever one chooses. Near the home is a nice 30x40 pole barn with concrete floor, perfect for storing equipment, boats, Utvs', farm equipment and other toys. It also has a 15x40 lean to. Out on the farm there is a 32x56 cattle barn with lean-tos on each side. Both barns conveniently have electric and water. The land itself is composed of a beautiful diverse mixed acreage of pasture and woods and would be perfect for horses, a few cattle, chickens or any type of hobby farm one would desire. It also provides unbelievable hunting opportunities for deer, turkey, small game and morel mushrooms. There are signs of deer all over this ground in the form of tracks, trails and rubs. Another bonus is this property is only a few minutes from the White River for fishing and boating adventures. The home is currently being cleaned up and fixed up and first available showing will be December 9th 2025. Don't let this one getaway, call for your own private showing.