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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 Milan at 918 Warn St, Milan, IN, 47031 generates $2,186/mo in rent, after a $1,810/mo payment. Total monthly income is $2,186/mo. Return on cash invested sits at 19.58% in year one, and rental yield is 7.09% on a $369,900 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 100.85% and total cumulative return in cash sums $123,670. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,186/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
1.96 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47031, Milan, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,060 (100%) |
| Owner Occupied HU | 1,566 (76.0%) |
| Renter Occupied HU | 341 (16.6%) |
| Vacant Housing Units | 153 ( 7.4%) |
| Median Home Value | $240,502 |
| Average Home Value | $322,182 |
Residential
1,831
Single Family
1,746
Multi-Family
85
Businesses
100
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Willard Snyder • Fehrman Realty
Mls Name: SEIBR
Mls ID: #206147
