Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Wadesville at 9423 Highway 66, Wadesville, IN, 47638 listed at $310,000 pairs $2,284/mo rent with a $1,517/mo payment to leave $423/mo cash flow. Total monthly income runs $2,284/mo, and annual cash flow reaches $5,081/yr on $102,765 cash to close. Return on cash invested measures 24.85% in year one, and rental yield registers 8.84% at a $310,000 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,647 by year five. Five-year ROI tracks 129.13% and total cumulative return in cash totals $132,703. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,284/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1938
1.64 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47638, Wadesville, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,383 (100%) |
| Owner Occupied HU | 1,170 (84.6%) |
| Renter Occupied HU | 146 (10.6%) |
| Vacant Housing Units | 67 ( 4.8%) |
| Median Home Value | $319,667 |
| Average Home Value | $344,064 |
Residential
1,383
Single Family
1,383
Multi-Family
0
Businesses
49
Date | Event | Price |
|---|---|---|
| 2025-05-30 | Sold | $310,000 |
| 2025-04-21 | Pending sale | $305,000 |
| 2025-04-11 | Price change | $305,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $1256.24 | N/A | $203,500 | 15.49% |
| 2023-10-23 | N/A | N/A | $176,200 | 7.90% |
| 2022-10-23 | $1101.60 | 4.79% | $163,300 | 13.09% |
Listed by: Evan Birch • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202501062
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.
