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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 Madison at 726 W 3rd Street, Madison, IN, 47250 priced at $215,000 pairs $2,108/mo rent with $818/mo cash flow after a $1,052/mo payment. Total monthly income equals $2,108/mo, and annual cash flow comes to $9,813/yr on $71,273 invested. Return on cash invested is 33.68% in year one, and rental yield stands at 11.77% on a $215,000 basis. Equity gained on principal adds $1,387/yr, and 5% annual appreciation accumulates to $59,401 by year five. Five-year ROI measures 176.43% and total cumulative return in cash reaches $125,749. For financing, Ziffy Mortgage’s DSCR program evaluates $2,108/mo property income against a $1,052/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
3,319 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47250, Madison, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,256 (100%) |
| Owner Occupied HU | 6,609 (64.4%) |
| Renter Occupied HU | 2,671 (26.0%) |
| Vacant Housing Units | 976 ( 9.5%) |
| Median Home Value | $232,661 |
| Average Home Value | $249,506 |
Residential
9,501
Single Family
9,288
Multi-Family
213
Businesses
902
Date | Event | Price |
|---|---|---|
| 2025-03-07 | Sold | $215,000 |
| 2025-01-13 | Listed for sale | $230,000 |
| 2024-10-24 | Listing removed | $230,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-01 | $1140.18 | 13.10% | $110,900 | 6.53% |
| 2023-11-01 | $1008.12 | 11.49% | $104,100 | 8.21% |
| 2022-11-01 | $904.22 | 8.11% | $96,200 | 5.37% |
Listed by: Jason Schafer • Century 21 River Valley
Mls Name: SIRA
Mls Provider:
Mls ID: #202506320
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.
