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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 Versailles at 7100 S 225th St W, Versailles, IN, 47042 generates $1,500/mo in rent, after a $1,463/mo payment. Total monthly income is $1,500/mo. Return on cash invested sits at 16.34% in year one, and rental yield is 6.02% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 83.49% and total cumulative return in cash sums $82,750. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,500/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47042, Versailles, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,997 (100%) |
| Owner Occupied HU | 1,258 (63.0%) |
| Renter Occupied HU | 542 (27.1%) |
| Vacant Housing Units | 197 ( 9.9%) |
| Median Home Value | $192,586 |
| Average Home Value | $228,027 |
Residential
1,809
Single Family
1,661
Multi-Family
148
Businesses
173
Date | Event | Price |
|---|---|---|
| 2024-10-11 | Price change | $299,000 |
| 2024-10-06 | Price change | $309,000 |
| 2024-08-16 | Listed for sale | $319,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Marybeth Castner • Meisberger And Associates
Mls Name: SEIBR
Mls ID: #203579
Disclaimer: Copyright Southeastern Indiana Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
