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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 Decatur at 701 E 850 N, Decatur, IN, 46733 generates $2,680/mo in rent and, after a $2,129/mo payment, leaves $69/mo in cash flow. Total monthly income is $2,680/mo, and annual cash flow is $826/yr on $144,203 invested. Return on cash invested sits at 20.48% in year one, and rental yield is 7.39% on a $435,000 entry. Equity gained on principal adds $2,807/yr, while 5% annual appreciation builds toward $120,182 over five years. Five-year ROI reaches 105.66% and total cumulative return in cash sums $152,364. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,680/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
19.44 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46733, Decatur, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,091 (100%) |
| Owner Occupied HU | 5,906 (73.0%) |
| Renter Occupied HU | 1,700 (21.0%) |
| Vacant Housing Units | 485 ( 6.0%) |
| Median Home Value | $216,630 |
| Average Home Value | $273,796 |
Residential
7,603
Single Family
7,462
Multi-Family
141
Businesses
584
Date | Event | Price |
|---|---|---|
| 2025-01-31 | Sold | $435,000 |
| 2024-12-30 | Pending sale | $499,900 |
| 2024-11-07 | Price change | $499,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-01 | $2388.84 | 8.49% | $314,100 | 7.27% |
| 2023-11-01 | $2201.98 | 7.76% | $292,800 | 5.90% |
| 2022-11-01 | $2043.32 | 11.52% | $276,500 | 7.34% |
What's Special
Pull Down Stairs,Storage
Listed by: Stacey Fields • Krueckeberg Auction And Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202438758
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.
