Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Saint Joe at 101 School St, Saint Joe, IN, 46785 with 5% annual appreciation on a $120,000 basis while $938/mo rent supports operations. Total monthly income totals $938/mo and a $587/mo payment preserves $218/mo for cash returns. Annual cash flow comes to $2,616/yr on $39,780 deployed, and return on cash invested reaches 26.49% in year one. Equity gained on principal adds $774/yr, and five-year appreciation sums $33,154 alongside rental yield of 9.38%. Five-year ROI measures 137.85% and total cumulative return in cash totals $54,835.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $938/mo property income versus a $587/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1991
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46785, Saint Joe, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 542 (100%) |
| Owner Occupied HU | 421 (77.7%) |
| Renter Occupied HU | 73 (13.5%) |
| Vacant Housing Units | 48 ( 8.9%) |
| Median Home Value | $240,116 |
| Average Home Value | $274,994 |
Residential
524
Single Family
524
Multi-Family
0
Businesses
26
Date | Event | Price |
|---|---|---|
| 2023-03-10 | Listing removed | N/A |
| 2023-02-28 | Listed for rent | $925 |
| 2021-11-18 | Pending sale | $52,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-24 | $445.04 | 4.09% | $28,900 | 16.06% |
| 2023-04-24 | $427.56 | 240.63% | $24,900 | -0.80% |
| 2022-04-24 | $125.52 | -3.99% | $25,100 | -1.57% |
Listed by: James Wagler • Hoover Auction Realty Inc.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514142
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.
