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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 Dupont at 9038 N Schmidt Lane, Dupont, IN, 47231 uses $109,064 cash to close to unlock $14,584/yr annual cash flow and $1,215/mo monthly cash flow. Total monthly income runs $3,190/mo, and a $1,610/mo payment keeps the spread at $1,215/mo. Purchase price stands at $329,000, and rental yield measures 11.64% with $3,190/mo rent. Return on cash invested shows 33.28% in year one, and 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 174.34% and total cumulative return in cash records $190,137. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,190/mo property income covering a $1,610/mo payment rather than investor’s personal income.
Single Family
Built in 1978
2.03 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47231, Dupont, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 428 (100%) |
| Owner Occupied HU | 328 (76.6%) |
| Renter Occupied HU | 58 (13.6%) |
| Vacant Housing Units | 42 ( 9.8%) |
| Median Home Value | $263,636 |
| Average Home Value | $232,691 |
Residential
357
Single Family
357
Multi-Family
0
Businesses
13
Date | Event | Price |
|---|---|---|
| 2025-04-15 | Listed for sale | $329,000 |
| 2017-05-20 | Listing removed | $184,000 |
| 2017-04-03 | Pending sale | $184,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Mark Jenkins • F.C. Tucker/Scott Lynch Group
Mls Name: SIRA
Mls Provider:
Mls ID: #202507280
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.
