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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 French Lick at 716 S Maple St, French Lick, IN, 47432 priced at $135,000 converts $1,028/mo rent into $217/mo cash flow after a $661/mo obligation. Total monthly income equals $1,028/mo, and annual cash flow totals $2,608/yr on $44,753 invested. Return on cash invested prints 25.74% in year one, and rental yield reads 9.14% against a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation compiles into $37,298 by year five. Five-year ROI reaches 133.94% and total cumulative return in cash sums $59,941. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,028/mo property income covering a $661/mo payment, not borrower’s personal income.
Single Family
Built in 1978
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47432, French Lick, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,152 (100%) |
| Owner Occupied HU | 1,401 (65.1%) |
| Renter Occupied HU | 481 (22.4%) |
| Vacant Housing Units | 270 (12.5%) |
| Median Home Value | $171,228 |
| Average Home Value | $188,499 |
Residential
1,950
Single Family
1,872
Multi-Family
78
Businesses
142
Date | Event | Price |
|---|---|---|
| 2025-04-14 | Listed for sale | $135,000 |
| 2012-05-11 | Listing removed | $159,000 |
| 2011-11-23 | Listed for sale | $159,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-16 | $134.56 | 2.00% | $110,100 | 7.62% |
| 2022-04-16 | $131.92 | 2.01% | $102,300 | 15.86% |
| 2021-04-16 | $129.32 | 1.99% | $88,300 | 6.39% |
Listed by: RANDY A CHAPLIN • Brooks Galloway Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512673
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.
