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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 Worthington at 7403 Griffith Rd, Worthington, IN, 47471 listed at $1,250,000 pairs $1,200/mo rent with a $6,118/mo payment. Total monthly income runs $1,200/mo. Return on cash invested measures 1.69% in year one, and rental yield registers 1.15% at a $1,250,000 basis. Equity gained on principal adds $8,066/yr, and annual property appreciation at 5% supports $345,352 by year five. Five-year ROI tracks 4.81% and total cumulative return in cash totals $19,477. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,200/mo property income relative to a $6,118/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
84.05 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47471, Worthington, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,188 (100%) |
| Owner Occupied HU | 826 (69.5%) |
| Renter Occupied HU | 226 (19.0%) |
| Vacant Housing Units | 136 (11.4%) |
| Median Home Value | $122,464 |
| Average Home Value | $181,262 |
Residential
1,187
Single Family
1,162
Multi-Family
25
Businesses
84
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar price properties found nearby.
Listed by: Mercedes Shafford • Dyar Real Estate Inc
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22068314
