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% |
Investment property for sale in Ferdinand at 8677 S 450 E, Ferdinand, IN, 47532 listed at $235,000 pairs $2,048/mo rent with a $1,150/mo payment to leave $638/mo cash flow. Total monthly income runs $2,048/mo, and annual cash flow reaches $7,650/yr on $77,903 cash to close. Return on cash invested measures 29.73% in year one, and rental yield registers 10.46% at a $235,000 basis. Equity gained on principal adds $1,516/yr, and annual property appreciation at 5% supports $64,926 by year five. Five-year ROI tracks 155.29% and total cumulative return in cash totals $120,976. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,048/mo property income relative to a $1,150/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1999
1.29 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 |
|---|---|---|
| 2025-08-08 | Listed for sale | $235,000 |
| 2025-08-07 | Listing removed | $235,000 |
| 2025-07-24 | Listed for sale | $235,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-09 | $1813.84 | 13.95% | $128,000 | 5.44% |
| 2023-08-09 | $1591.80 | 4.89% | $121,400 | 12.41% |
| 2022-08-09 | $1517.66 | 11.90% | $108,000 | 17.01% |
Listed by: Shea Fleck • RE/MAX REVOLUTION
Mls Name: IRMLS
Mls Provider:
Mls ID: #202531277
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.
