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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% |
Investment property for sale in Gosport at 9649 W Hedrick Rd, Gosport, IN, 47433 offers a 10.35% rental yield on a $240,000 purchase with $2,069/mo rent. Total monthly income registers $2,069/mo, and a $1,175/mo payment leaves $628/mo available for distribution. Annual cash flow reaches $7,536/yr on $79,560 to close, and return on cash invested stands at 29.38% in year one. Equity gained on principal adds $1,549/yr while 5% annual appreciation supports $66,308 over five years. Portfolio math shows five-year ROI at 153.37% and total cumulative return in cash at $122,018. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,069/mo property income against a $1,175/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47433, Gosport, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,688 (100%) |
| Owner Occupied HU | 1,205 (71.4%) |
| Renter Occupied HU | 311 (18.4%) |
| Vacant Housing Units | 172 (10.2%) |
| Median Home Value | $213,865 |
| Average Home Value | $251,954 |
Residential
1,475
Single Family
1,475
Multi-Family
0
Businesses
49
Date | Event | Price |
|---|---|---|
| 2025-03-20 | Listed for sale | $240,000 |
| 2001-06-22 | Sold | $79,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-24 | $832.92 | 21.52% | $147,900 | 8.11% |
| 2023-03-24 | $685.42 | 11.33% | $136,800 | 17.22% |
| 2022-03-24 | $615.68 | 16.42% | $116,700 | 8.86% |
Listed by: Lindsey Smalling • FC Tucker-Mooresville
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509281
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.
