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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% |
Rental property for sale in Cannelton at 8355 Highway 66 St, Cannelton, IN, 47520 generates $720/mo in rent, after a $1,884/mo payment. Total monthly income is $720/mo. Return on cash invested sits at 4.95% in year one, and rental yield is 2.24% on a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 22.4% and total cumulative return in cash sums $28,594. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $720/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
12.74 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47520, Cannelton, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,558 (100%) |
| Owner Occupied HU | 934 (59.9%) |
| Renter Occupied HU | 387 (24.8%) |
| Vacant Housing Units | 237 (15.2%) |
| Median Home Value | $218,750 |
| Average Home Value | $251,004 |
Residential
1,481
Single Family
1,319
Multi-Family
162
Businesses
65
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: Aaron Mosby • Key Associates Signature Realty
Mls Name: IRMLS
Mls ID: #202527794
