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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 Borden at 110 Brewer Drive, Borden, IN, 47106 offers a 7.22% rental yield on a $200,000 purchase with $1,204/mo rent. 14% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 88.77% and total cumulative return in cash at $58,856. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,204/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1997
0.32 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-12-30 | Sold | $200,000 |
| 2024-11-11 | Pending sale | $219,900 |
| 2024-09-02 | Listed for sale | $219,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-21 | $3537.64 | -10.37% | $244,800 | 8.90% |
| 2023-10-21 | $3946.88 | -2.28% | $224,800 | 4.46% |
| 2022-10-21 | $4039.16 | 12.44% | $215,200 | 6.64% |
Listed by: Kelly Thieneman • Thieneman Realty, Inc.
Mls Name: SIRA
Mls Provider:
Mls ID: #2024010528
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.
