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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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No similar rental properties found nearby.
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 Florence at 9866 Turtle Creek Rd, Florence, IN, 47020 generates $0/mo in rent, after a $1,370/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -1.82% in year one, and rental yield is 0% on a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation builds toward $77,331 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47020, Florence, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 440 (100%) |
| Owner Occupied HU | 325 (73.9%) |
| Renter Occupied HU | 79 (18.0%) |
| Vacant Housing Units | 36 ( 8.2%) |
| Median Home Value | $210,714 |
| Average Home Value | $316,700 |
Residential
419
Single Family
419
Multi-Family
0
Businesses
18
Date | Event | Price |
|---|---|---|
| 2025-05-02 | Listed for sale | $279,900 |
| 2024-09-06 | Listing removed | $255,000 |
| 2024-08-08 | Price change | $255,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
Listed by: Eric S. Ginder • RE/MAX Victory + Affiliates
Mls Name: SEIBR
Mls ID: #204952
Disclaimer: Copyright Southeastern Indiana Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
