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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 Akron at 10162 E Division Rd, Akron, IN, 46910 offers a 8.24% rental yield on a $299,000 purchase with $2,052/mo rent. Total monthly income registers $2,052/mo, and a $1,463/mo payment leaves $258/mo available for distribution. Annual cash flow reaches $3,091/yr on $99,119 to close, and return on cash invested stands at 23.03% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 119.33% and total cumulative return in cash at $118,282. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,052/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
1.39 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46910, Akron, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,402 (100%) |
| Owner Occupied HU | 1,020 (72.8%) |
| Renter Occupied HU | 223 (15.9%) |
| Vacant Housing Units | 159 (11.3%) |
| Median Home Value | $223,214 |
| Average Home Value | $218,537 |
Residential
1,038
Single Family
1,022
Multi-Family
16
Businesses
68
Date | Event | Price |
|---|---|---|
| 2025-05-21 | Listed for sale | $299,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-22 | $1260.52 | -8.78% | $221,600 | 0.36% |
| 2023-05-22 | $1381.92 | 3.81% | $220,800 | 2.60% |
| 2022-05-22 | $1331.16 | 4.04% | $215,200 | 12.08% |
Listed by: Orville M Haney • Homes Land & Lakes Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202518815
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.
