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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 723 Floyd Ave, Versailles, IN, 47042 offers $1,682/mo rent that, after a $827/mo payment, leaves $668/mo cash flow. Total monthly income is $1,682/mo, and annual cash flow is $8,012/yr on $56,024 cash. Return on cash invested measures 34.21% in year one, and rental yield stands at 11.94% at a $169,000 entry. Equity gained on principal adds $1,091/yr while 5% annual appreciation compounds into $46,692 by year five. Five-year ROI records 179.32% and total cumulative return in cash reaches $100,459. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,682/mo property income versus a $827/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
0.29 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Quentin P. Schwarte • Keller Williams Realty Service
Mls Name: SEIBR
Mls ID: #206250
