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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 Ellettsville at 8920 N Bottom Rd, Ellettsville, IN, 47429 priced at $479,000 pairs $2,479/mo rent with after a $2,344/mo payment. Total monthly income equals $2,479/mo. Return on cash invested is 16.92% in year one, and rental yield stands at 6.21% on a $479,000 basis. Equity gained on principal adds $3,091/yr, and 5% annual appreciation accumulates to $132,339 by year five. Five-year ROI measures 86.58% and total cumulative return in cash reaches $137,487. For financing, Ziffy Mortgage’s DSCR program evaluates $2,479/mo property income against a $2,344/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
16.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47429, Ellettsville, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,306 (100%) |
| Owner Occupied HU | 2,560 (77.4%) |
| Renter Occupied HU | 615 (18.6%) |
| Vacant Housing Units | 131 ( 4.0%) |
| Median Home Value | $281,209 |
| Average Home Value | $306,251 |
Residential
3,359
Single Family
3,286
Multi-Family
73
Businesses
162
Date | Event | Price |
|---|---|---|
| 2024-09-19 | Listed for sale | $479,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $2414.32 | 8.86% | $263,700 | 4.39% |
| 2022-10-15 | $2217.88 | 6.83% | $252,600 | 10.74% |
| 2021-10-15 | $2076.12 | 12.27% | $228,100 | 6.49% |
Listed by: Mitzy Lewis • Jason Millican Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202436262
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.
