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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 Holland at 9642 S State Road 161, Holland, IN, 47541 generates $2,255/mo in rent, after a $1,859/mo payment. Total monthly income is $2,255/mo. Return on cash invested sits at 19.67% in year one, and rental yield is 7.12% on a $379,900 entry. Equity gained on principal adds $2,451/yr, while 5% annual appreciation builds toward $104,959 over five years. Five-year ROI reaches 101.31% and total cumulative return in cash sums $127,589. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,255/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
12.20 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47541, Holland, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 515 (100%) |
| Owner Occupied HU | 405 (78.6%) |
| Renter Occupied HU | 74 (14.4%) |
| Vacant Housing Units | 36 ( 7.0%) |
| Median Home Value | $265,278 |
| Average Home Value | $303,691 |
Residential
287
Single Family
287
Multi-Family
0
Businesses
28
Date | Event | Price |
|---|---|---|
| 2024-12-02 | Sold | $379,900 |
| 2024-10-25 | Pending sale | $399,900 |
| 2024-07-11 | Listed for sale | $399,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $1286.84 | -7.34% | $202,000 | 15.89% |
| 2023-10-22 | $1388.84 | 20.80% | $174,300 | 5.19% |
| 2022-10-22 | $1149.72 | 14.30% | $165,700 | 16.20% |
Listed by: Brenda Krempp • RE/MAX Local
Mls Name: IRMLS
Mls Provider:
Mls ID: #202425619
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.
