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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 7291 N Cuzco Rd N, French Lick, IN, 47432 generates $866/mo in rent and, after a $538/mo payment, leaves $206/mo in cash flow. Total monthly income is $866/mo, and annual cash flow is $2,473/yr on $36,465 invested. Return on cash invested sits at 26.69% in year one, and rental yield is 9.45% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 139.1% and total cumulative return in cash sums $50,724. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $866/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
12 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 |
|---|---|---|
| 2025-04-04 | Listed for sale | $110,000 |
| 2011-07-21 | Sold | $82,500 |
| 2011-04-08 | Listed for sale | $85,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-07 | $658.04 | 313.50% | $163,500 | 2.44% |
| 2023-04-07 | $159.14 | 447.25% | $159,600 | 43.91% |
| 2022-04-07 | $29.08 | 862.91% | $110,900 | 16.98% |
Listed by: Christopher Turnbell • Geswein Farm & Land Realty
Mls Name: My State MLS
Mls ID: #11467004
