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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 Coal city at (Undisclosed Address), Coal city, IN, 47427 at $215,000 posts ROI 33.64% with $816/mo cash flow from $2,106/mo rent. Total monthly income equals $2,106/mo, and annual cash flow records $9,789/yr on $71,273 to close. Return on cash invested measures 33.64% and rental yield reads 11.75% at the current $215,000. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 by year five. Five-year ROI prints 176.27% and total cumulative return in cash totals $125,629.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,106/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1978
3.58 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47427, Coal City, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 487 (100%) |
| Owner Occupied HU | 358 (73.5%) |
| Renter Occupied HU | 54 (11.1%) |
| Vacant Housing Units | 75 (15.4%) |
| Median Home Value | $188,889 |
| Average Home Value | $261,075 |
Residential
432
Single Family
432
Multi-Family
0
Businesses
7
Date | Event | Price |
|---|---|---|
| 2024-11-15 | Sold | $215,000 |
| 2024-10-17 | Pending sale | $220,000 |
| 2024-09-20 | Price change | $220,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $4.25 | 5.46% | $300 | N/A |
| 2023-10-22 | $4.03 | -10.64% | $300 | N/A |
| 2022-10-22 | $4.51 | -4.04% | $300 | N/A |
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Listed by: Nicole Stanley • RE/MAX Cornerstone
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #21994765
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-22 00:18:20 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
