








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 Ingalls at 10935 Mansfield Way, Ingalls, IN, 46048 generates $2,065/mo in rent and, after a $1,326/mo payment, leaves $418/mo in cash flow. Total monthly income is $2,065/mo, and annual cash flow is $5,019/yr on $89,837 invested. Return on cash invested sits at 25.5% in year one, and rental yield is 9.14% on a $271,000 entry. Equity gained on principal adds $1,749/yr, while 5% annual appreciation builds toward $74,872 over five years. Five-year ROI reaches 132.7% and total cumulative return in cash sums $119,211. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,065/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
4,791 sqft lot
$N/A/sqft
$245 annually HOA
Neighborhood data shown for ZIP Code: 46048, Ingalls, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 759 (100%) |
| Owner Occupied HU | 603 (79.4%) |
| Renter Occupied HU | 118 (15.5%) |
| Vacant Housing Units | 38 ( 5.0%) |
| Median Home Value | $209,949 |
| Average Home Value | $246,874 |
Residential
700
Single Family
700
Multi-Family
0
Businesses
21
Date | Event | Price |
|---|---|---|
| 2025-09-19 | Sold | $271,000 |
| 2025-09-08 | Pending sale | $279,000 |
| 2025-08-12 | Price change | $279,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-31 | $2141.00 | 11.45% | $232,500 | 8.59% |
| 2023-10-31 | $1921.00 | 13.80% | $214,100 | 11.45% |
| 2022-10-31 | $1688.00 | 5.83% | $192,100 | 13.80% |



What's Special
Access Only
Listed by: Kim Goodwin • RE/MAX At The Crossing
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22053998
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-31 02:23:08 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)