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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 Roanoke at 11006 La Fortuna Cv, Roanoke, IN, 46783 listed at $279,900 pairs $2,154/mo rent with a $1,370/mo payment to leave $454/mo cash flow. Total monthly income runs $2,154/mo, and annual cash flow reaches $5,452/yr on $92,787 cash to close. Return on cash invested measures 25.79% in year one, and rental yield registers 9.23% at a $279,900 basis. Equity gained on principal adds $1,806/yr, and annual property appreciation at 5% supports $77,331 by year five. Five-year ROI tracks 134.22% and total cumulative return in cash totals $124,537. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,154/mo property income relative to a $1,370/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2017
9,147 sqft lot
$N/A/sqft
$233 annually HOA
Neighborhood data shown for ZIP Code: 46783, Roanoke, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,103 (100%) |
| Owner Occupied HU | 2,612 (84.2%) |
| Renter Occupied HU | 312 (10.1%) |
| Vacant Housing Units | 179 ( 5.8%) |
| Median Home Value | $312,289 |
| Average Home Value | $349,443 |
Residential
2,841
Single Family
2,806
Multi-Family
35
Businesses
220
Date | Event | Price |
|---|---|---|
| 2025-04-15 | Price change | $279,900 |
| 2025-04-03 | Listed for sale | $284,900 |
| 2020-05-28 | Sold | $199,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-16 | $2168.64 | 32.39% | $283,200 | 4.73% |
| 2023-04-16 | $1638.08 | 7.42% | $270,400 | 17.87% |
| 2022-04-16 | $1524.98 | 1.49% | $229,400 | 9.92% |
What's Special
Pull Down Stairs
Listed by: Patrick Irick • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202511165
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.
