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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 Ferdinand at 8697 S 450 E, Ferdinand, IN, 47532 offers a 7.63% rental yield on a $269,900 purchase with $1,715/mo rent. Total monthly income registers $1,715/mo, and a $1,321/mo payment leaves $95/mo available for distribution. Annual cash flow reaches $1,138/yr on $89,472 to close, and return on cash invested stands at 21.18% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,568 over five years. Portfolio math shows five-year ROI at 109.41% and total cumulative return in cash at $97,890. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,715/mo property income against a $1,321/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1999
0.74 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 |
|---|---|---|
| 2025-04-24 | Listed for sale | $269,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-25 | $580.00 | -0.07% | $128,600 | 14.11% |
| 2023-04-25 | $580.40 | 12.27% | $112,700 | 8.47% |
| 2022-04-25 | $516.98 | -4.38% | $103,900 | 13.18% |
Listed by: Shea Fleck • RE/MAX REVOLUTION
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514262
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.
