








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 904 S Deer Run, Ellettsville, IN, 47429 offers $2,502/mo rent that, after a $1,591/mo payment, leaves $335/mo cash flow. Total monthly income is $2,502/mo, and annual cash flow is $4,026/yr on $107,738 cash. Return on cash invested measures 23.65% in year one, and rental yield stands at 9.24% at a $325,000 entry. Equity gained on principal adds $2,097/yr while 5% annual appreciation compounds into $89,792 by year five. Five-year ROI records 123.52% and total cumulative return in cash reaches $133,081. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,502/mo property income versus a $1,591/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.27 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 |
|---|---|---|
| 2025-03-10 | Listed for sale | $325,000 |
| 2021-05-17 | Sold | $263,000 |
| 2021-04-17 | Contingent | $249,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-12 | $5280.00 | 2.29% | $268,800 | 1.82% |
| 2023-03-12 | $5162.00 | 201.91% | $264,000 | 2.29% |
| 2022-03-12 | $1709.76 | 16.22% | $258,100 | 23.32% |



Listed by: Trish Sterling • Sterling Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202507598
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.