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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 Morgantown at 9714 N Short Chute Rd, Morgantown, IN, 46160 listed at $249,000 pairs $930/mo rent with a $1,219/mo payment. Total monthly income runs $930/mo. Return on cash invested measures 11.7% in year one, and rental yield registers 4.48% at a $249,000 basis. Equity gained on principal adds $1,607/yr, and annual property appreciation at 5% supports $68,794 by year five. Five-year ROI tracks 58.61% and total cumulative return in cash totals $48,380. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $930/mo property income relative to a $1,219/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1975
1.89 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46160, Morgantown, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,890 (100%) |
| Owner Occupied HU | 2,204 (76.3%) |
| Renter Occupied HU | 377 (13.0%) |
| Vacant Housing Units | 309 (10.7%) |
| Median Home Value | $254,857 |
| Average Home Value | $319,090 |
Residential
2,618
Single Family
2,618
Multi-Family
0
Businesses
119
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: Erika Bryenton • Brye Real Estate LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22064380
