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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 Georgetown at 8961 Lake Point Drive, Georgetown, IN, 47122 priced at $474,900 pairs $3,678/mo rent with $763/mo cash flow after a $2,324/mo payment. Total monthly income equals $3,678/mo, and annual cash flow comes to $9,162/yr on $157,429 invested. Return on cash invested is 25.73% in year one, and rental yield stands at 9.29% on a $474,900 basis. Equity gained on principal adds $3,064/yr, and 5% annual appreciation accumulates to $131,206 by year five. Five-year ROI measures 133.99% and total cumulative return in cash reaches $210,947. For financing, Ziffy Mortgage’s DSCR program evaluates $3,678/mo property income against a $2,324/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2002
0.88 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood data shown for ZIP Code: 47122, Georgetown, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,539 (100%) |
| Owner Occupied HU | 3,927 (86.5%) |
| Renter Occupied HU | 451 ( 9.9%) |
| Vacant Housing Units | 161 ( 3.5%) |
| Median Home Value | $317,873 |
| Average Home Value | $358,790 |
Residential
4,505
Single Family
4,481
Multi-Family
24
Businesses
186
Date | Event | Price |
|---|---|---|
| 2025-06-30 | Sold | $474,900 |
| 2025-02-17 | Price change | $479,900 |
| 2025-02-13 | Listed for sale | $485,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $4409.76 | -4.28% | $600,600 | 14.31% |
| 2023-10-22 | $4606.84 | 4.38% | $525,400 | 0.86% |
| 2022-10-22 | $4413.48 | 21.81% | $520,900 | 7.18% |
Listed by: Denise Taylor • Green Tree Real Estate Services
Mls Name: SIRA
Mls Provider:
Mls ID: #202505790
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.
