








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 Mitchell at 950 Earl Rd, Mitchell, IN, 47446 listed at $279,000 pairs $1,440/mo rent with a $1,366/mo payment. Total monthly income runs $1,440/mo. Return on cash invested measures 16.86% in year one, and rental yield registers 6.19% at a $279,000 basis. Equity gained on principal adds $1,800/yr, and annual property appreciation at 5% supports $77,083 by year five. Five-year ROI tracks 86.24% and total cumulative return in cash totals $79,759. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,440/mo property income relative to a $1,366/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2017
14.35 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47446, Mitchell, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,285 (100%) |
| Owner Occupied HU | 3,046 (71.1%) |
| Renter Occupied HU | 767 (17.9%) |
| Vacant Housing Units | 472 (11.0%) |
| Median Home Value | $180,587 |
| Average Home Value | $220,742 |
Residential
4,131
Single Family
4,075
Multi-Family
56
Businesses
276
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: Zach Holt • Whitetail Properties Real Estate
Mls Name: IRMLS
Mls ID: #202542612