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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 Ferdinand at 802 E 6th St, Ferdinand, IN, 47532 offers a 9.07% rental yield on a $530,000 purchase with $4,008/mo rent. Total monthly income registers $4,008/mo, and a $2,594/mo payment leaves $827/mo available for distribution. Annual cash flow reaches $9,919/yr on $174,370 to close, and return on cash invested stands at 25.75% in year one. Equity gained on principal adds $3,420/yr while 5% annual appreciation supports $146,429 over five years. Portfolio math shows five-year ROI at 133.88% and total cumulative return in cash at $233,443. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,008/mo property income against a $2,594/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
1.94 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47532, Ferdinand, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,914 (100%) |
| Owner Occupied HU | 1,507 (78.7%) |
| Renter Occupied HU | 300 (15.7%) |
| Vacant Housing Units | 107 ( 5.6%) |
| Median Home Value | $278,564 |
| Average Home Value | $306,931 |
Residential
1,882
Single Family
1,882
Multi-Family
0
Businesses
164
Date | Event | Price |
|---|---|---|
| 2024-12-13 | Sold | $530,000 |
| 2024-11-12 | Pending sale | $555,000 |
| 2024-10-16 | Price change | $555,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $3329.56 | 13.37% | $392,800 | 6.59% |
| 2023-10-22 | $2936.88 | 12.84% | $368,500 | 21.10% |
| 2022-10-22 | $2602.72 | 17.60% | $304,300 | 16.99% |
Listed by: Joanie Troutman • Key Associates Signature Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202433457
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.
