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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 Connersville at 912 Shawnee Pl, Connersville, IN, 47331 earns $264/mo cash flow from $2,064/mo rent with a $1,468/mo payment. Total monthly income totals $2,064/mo, and annual cash flow totals $3,163/yr on $99,417 capital. ROI tracks 23.09% on current figures, and rental yield reads 8.26% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 119.66% and total cumulative return in cash sums $118,960. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,064/mo property income instead of your personal income.
Single Family
Built in 1968
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47331, Connersville, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,782 (100%) |
| Owner Occupied HU | 6,646 (61.6%) |
| Renter Occupied HU | 3,033 (28.1%) |
| Vacant Housing Units | 1,103 (10.2%) |
| Median Home Value | $135,068 |
| Average Home Value | $179,715 |
Residential
9,963
Single Family
9,542
Multi-Family
421
Businesses
701
Date | Event | Price |
|---|---|---|
| 2025-03-15 | Listed for sale | $299,900 |
| 2008-07-30 | Sold | $97,850 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-19 | $1441.28 | 35.17% | $163,000 | 4.69% |
| 2022-03-19 | $1066.30 | 119.89% | $155,700 | 7.23% |
| 2021-03-19 | $484.92 | 273.13% | $145,200 | 15.61% |
Listed by: Chris Wells • F.C. Tucker Company - Carmel
Mls Name: IRMLS
Mls Provider:
Mls ID: #202508616
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.
