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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 New Harmony at 7301 Stillwell Rd, New Harmony, IN, 47631 offers a 6.51% rental yield on a $278,500 purchase with $1,511/mo rent. 82% in year one. Equity gained on principal adds $1,797/yr while 5% annual appreciation supports $76,944 over five years. Portfolio math shows five-year ROI at 91.43% and total cumulative return in cash at $84,414. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,511/mo property income against a $1,363/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
10 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47631, New Harmony, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 999 (100%) |
| Owner Occupied HU | 708 (70.9%) |
| Renter Occupied HU | 140 (14.0%) |
| Vacant Housing Units | 151 (15.1%) |
| Median Home Value | $231,905 |
| Average Home Value | $285,459 |
Residential
546
Single Family
546
Multi-Family
0
Businesses
70
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: Drew Mathews • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls ID: #202529453
