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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 Decatur at 818 N 3rd St, Decatur, IN, 46733 listed at $199,900 pairs $1,326/mo rent with a $978/mo payment to leave $126/mo cash flow. Total monthly income runs $1,326/mo, and annual cash flow reaches $1,517/yr on $66,267 cash to close. Return on cash invested measures 22.2% in year one, and rental yield registers 7.96% at a $199,900 basis. Equity gained on principal adds $1,290/yr, and annual property appreciation at 5% supports $55,229 by year five. Five-year ROI tracks 114.9% and total cumulative return in cash totals $76,141. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,326/mo property income relative to a $978/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1919
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46733, Decatur, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,091 (100%) |
| Owner Occupied HU | 5,906 (73.0%) |
| Renter Occupied HU | 1,700 (21.0%) |
| Vacant Housing Units | 485 ( 6.0%) |
| Median Home Value | $216,630 |
| Average Home Value | $273,796 |
Residential
7,603
Single Family
7,462
Multi-Family
141
Businesses
584
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: Corey L Affolder • ABC Real Estate, Inc.
Mls Name: IRMLS
Mls ID: #202544778
