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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 Mulberry at 7313 W Mulberry Jefferson Rd, Mulberry, IN, 46058 offers a 11.13% rental yield on a $300,000 purchase with $2,783/mo rent. Total monthly income registers $2,783/mo, and a $1,468/mo payment leaves $983/mo available for distribution. Annual cash flow reaches $11,790/yr on $99,450 to close, and return on cash invested stands at 31.76% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,884 over five years. Portfolio math shows five-year ROI at 166.19% and total cumulative return in cash at $165,276. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,783/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46058, Mulberry, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 900 (100%) |
| Owner Occupied HU | 669 (74.3%) |
| Renter Occupied HU | 139 (15.4%) |
| Vacant Housing Units | 92 (10.2%) |
| Median Home Value | $241,164 |
| Average Home Value | $344,062 |
Residential
517
Single Family
489
Multi-Family
28
Businesses
34
Date | Event | Price |
|---|---|---|
| 2025-09-19 | Sold | $300,000 |
| 2025-08-23 | Pending sale | $280,000 |
| 2025-08-23 | Listed for sale | $280,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-22 | $1667.24 | 41.02% | $238,500 | -0.13% |
| 2022-10-22 | $1182.24 | -1.21% | $238,800 | 38.35% |
| 2021-10-22 | $1196.72 | 8.86% | $172,600 | N/A |
Listed by: Derrick Webb • Merit Realty - Lafayette
Mls Name: IRMLS
Mls Provider:
Mls ID: #202533796
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.
