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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% |
Investment property for sale in Mitchell at 715 W Oak St, Mitchell, IN, 47446 at $174,900 posts ROI 27.88% with $385/mo cash flow from $1,435/mo rent. Total monthly income equals $1,435/mo, and annual cash flow records $4,622/yr on $57,979 to close. Return on cash invested measures 27.88% and rental yield reads 9.85% at the current $174,900. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,322 by year five. Five-year ROI prints 145.42% and total cumulative return in cash totals $84,312.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,435/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1910
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47446, Mitchell, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,285 (100%) |
| Owner Occupied HU | 3,046 (71.1%) |
| Renter Occupied HU | 767 (17.9%) |
| Vacant Housing Units | 472 (11.0%) |
| Median Home Value | $180,587 |
| Average Home Value | $220,742 |
Residential
4,131
Single Family
4,075
Multi-Family
56
Businesses
276
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Matthew E Corey • Williams Carpenter Realtors
Mls Name: IRMLS
Mls ID: #202536886
