713 N Main St, West Baden Springs, IN, 47469 | 2.23% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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713 N Main St, West Baden Springs, IN, 47469 | 2.23% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in West Baden Springs at 713 N Main St, West Baden Springs, IN, 47469 priced at $699,000 pairs $1,301/mo rent with after a $3,421/mo payment. Total monthly income equals $1,301/mo. Return on cash invested is 4.96% in year one, and rental yield stands at 2.23% on a $699,000 basis. Equity gained on principal adds $4,511/yr, and 5% annual appreciation accumulates to $193,121 by year five. Five-year ROI measures 22.39% and total cumulative return in cash reaches $51,482. For financing, Ziffy Mortgage’s DSCR program evaluates $1,301/mo property income against a $3,421/mo payment instead of your W2s, 1099s, or Tax returns.

Multi Family

Built in 1910

0.95 Acres lot

$N/A/sqft

No HOA

More details about the property

PRICE REDUCTION***Wonderful investment opportunity in historical West Baden Springs! Look no further for a multi use building with loads of potential. This property is ready for development with a total of 5 lots, 3 lots could be for parking, a 14,500 sf building. Zoned Commercial. This building has 400amp 4 phase 230 Volt electric, 3 restrooms, an office space, plenty of warehouse space, space heat and split unit ac. This building has history and used to be owned by The Ballard Milling & Elevator Company. Don't miss out on this great opportunity! Call today for details!