Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Paragon at 841 N Shuler Rd, Paragon, IN, 46166 priced at $295,000 pairs $2,500/mo rent with $729/mo cash flow after a $1,444/mo payment. Total monthly income equals $2,500/mo, and annual cash flow comes to $8,748/yr on $97,793 invested. Return on cash invested is 28.85% in year one, and rental yield stands at 10.17% on a $295,000 basis. Equity gained on principal adds $1,904/yr, and 5% annual appreciation accumulates to $81,503 by year five. Five-year ROI measures 150.63% and total cumulative return in cash reaches $147,302. For financing, Ziffy Mortgage’s DSCR program evaluates $2,500/mo property income against a $1,444/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2003
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46166, Paragon, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 976 (100%) |
| Owner Occupied HU | 751 (76.9%) |
| Renter Occupied HU | 158 (16.2%) |
| Vacant Housing Units | 67 ( 6.9%) |
| Median Home Value | $222,679 |
| Average Home Value | $236,441 |
Residential
703
Single Family
703
Multi-Family
0
Businesses
35
Date | Event | Price |
|---|---|---|
| 2024-10-18 | Price change | $295,000 |
| 2024-08-13 | Pending sale | $275,000 |
| 2024-08-08 | Sold | $180,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-20 | $735.00 | 35.43% | $242,300 | 30.41% |
| 2022-11-20 | $542.72 | 14.84% | $185,800 | 18.80% |
| 2021-11-20 | $472.58 | -10.93% | $156,400 | 6.54% |
What's Special
Access Only
Listed by: Patsy Coffey • Keller Williams Indy Metro S
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22007556
Disclaimer: Based on information submitted to the MLS GRID as of 2024-02-07 08:48:41 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_48)
