








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 Winchester at 953 S Main St, Winchester, IN, 47394 generates $2,101/mo in rent, after a $2,423/mo payment. Total monthly income is $2,101/mo. Return on cash invested sits at 13.54% in year one, and rental yield is 5.09% on a $495,000 entry. Equity gained on principal adds $3,194/yr, while 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 68.47% and total cumulative return in cash sums $112,354. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,101/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
6.55 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47394, Winchester, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,747 (100%) |
| Owner Occupied HU | 2,424 (64.7%) |
| Renter Occupied HU | 944 (25.2%) |
| Vacant Housing Units | 379 (10.1%) |
| Median Home Value | $129,592 |
| Average Home Value | $200,535 |
Residential
3,430
Single Family
3,291
Multi-Family
139
Businesses
346
Date | Event | Price |
|---|---|---|
| 2025-05-10 | Listed for sale | $495,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-13 | $1797.00 | 8.25% | $164,200 | -8.63% |
| 2023-05-13 | $1660.00 | 14.40% | $179,700 | 8.25% |
| 2022-05-13 | $1451.00 | -3.78% | $166,000 | 14.88% |



Listed by: Matt Tarter • Tarter Realty, Auction & Appraisals Co
Mls Name: RLMS
Mls Provider:
Mls ID: #10050976
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.