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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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No similar rental properties found nearby.
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 Star City at 7917 S Corrine Ave, Star City, IN, 46985 generates $0/mo in rent, after a $489/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -1.8% in year one, and rental yield is 0% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46985, Star City, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 634 (100%) |
| Owner Occupied HU | 470 (74.1%) |
| Renter Occupied HU | 90 (14.2%) |
| Vacant Housing Units | 74 (11.7%) |
| Median Home Value | $150,000 |
| Average Home Value | $160,617 |
Residential
531
Single Family
531
Multi-Family
0
Businesses
18
Date | Event | Price |
|---|---|---|
| 2024-12-03 | Sold | $100,000 |
| 2024-10-25 | Pending sale | $130,000 |
| 2024-10-01 | Price change | $130,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
Listed by: Morgan R Katzenberger • Main Street Real Estate Co. LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202434194
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.
