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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 Celestine at 865 N Kempf Ave, Celestine, IN, 47521 offers a 7.95% rental yield on a $320,000 purchase with $2,120/mo rent. Total monthly income registers $2,120/mo, and a $1,566/mo payment leaves $199/mo available for distribution. Annual cash flow reaches $2,392/yr on $106,080 to close, and return on cash invested stands at 22.16% in year one. Equity gained on principal adds $2,065/yr while 5% annual appreciation supports $88,410 over five years. Portfolio math shows five-year ROI at 114.71% and total cumulative return in cash at $121,683. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,120/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
0.81 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-04-12 | Listed for sale | $320,000 |
| 2020-12-10 | Sold | $197,000 |
| 2020-11-06 | Pending sale | $197,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-15 | $1618.50 | 8.91% | $269,700 | 13.85% |
| 2023-04-15 | $1486.08 | 14.16% | $236,900 | 14.50% |
| 2022-04-15 | $1301.80 | 42.41% | $206,900 | 17.02% |
Listed by: Linda L Schroering • SCHROERING REALTY
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512561
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.
