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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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No similar rental properties found nearby.
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 Cayuga at 912 W Elm St, Cayuga, IN, 47928 offers $0/mo rent that, after a $489/mo payment. Total monthly income is $0/mo. Return on cash invested measures -1.8% in year one, and rental yield stands at 0% at a $100,000 entry. Equity gained on principal adds $645/yr while 5% annual appreciation compounds into $27,628 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $489/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1971
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47928, Cayuga, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,078 (100%) |
| Owner Occupied HU | 763 (70.8%) |
| Renter Occupied HU | 160 (14.8%) |
| Vacant Housing Units | 155 (14.4%) |
| Median Home Value | $98,690 |
| Average Home Value | $125,839 |
Residential
529
Single Family
529
Multi-Family
0
Businesses
62
Date | Event | Price |
|---|---|---|
| 2025-03-24 | Listed for sale | $100,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-26 | N/A | N/A | $25,100 | N/A |
| 2023-03-26 | N/A | N/A | $25,100 | 19.52% |
| 2022-03-26 | N/A | N/A | $21,000 | -23.91% |
No similar rental properties found nearby.
Listed by: Kelli Pinkerton • Legacy Land & Homes of Indiana
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509601
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.
