








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 West Lebanon at 701 S Clay St, West Lebanon, IN, 47991 at $199,900 posts ROI 26.33% with $354/mo cash flow from $1,554/mo rent. Total monthly income equals $1,554/mo, and annual cash flow records $4,253/yr on $66,267 to close. Return on cash invested measures 26.33% and rental yield reads 9.33% at the current $199,900. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 by year five. Five-year ROI prints 137.05% and total cumulative return in cash totals $90,817.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,554/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2019
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47991, West Lebanon, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 424 (100%) |
| Owner Occupied HU | 302 (71.2%) |
| Renter Occupied HU | 83 (19.6%) |
| Vacant Housing Units | 39 ( 9.2%) |
| Median Home Value | $167,143 |
| Average Home Value | $204,743 |
Residential
330
Single Family
330
Multi-Family
0
Businesses
28
Date | Event | Price |
|---|---|---|
| 2025-08-29 | Listed for sale | $199,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-31 | $1621.12 | 2.09% | $171,800 | 2.02% |
| 2023-08-31 | $1588.00 | 28.01% | $168,400 | 6.05% |
| 2022-08-31 | $1240.52 | -48.95% | $158,800 | 26.53% |



Listed by: Matt E Akers • Rainbow Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202534746
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.