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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 11025 La Fortuna Way, Roanoke, IN, 46783 offers a 9.32% rental yield on a $239,900 purchase with $1,864/mo rent. Total monthly income registers $1,864/mo, and a $1,174/mo payment leaves $406/mo available for distribution. Annual cash flow reaches $4,869/yr on $79,527 to close, and return on cash invested stands at 26.03% in year one. Equity gained on principal adds $1,548/yr while 5% annual appreciation supports $66,280 over five years. Portfolio math shows five-year ROI at 135.54% and total cumulative return in cash at $107,791. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,864/mo property income against a $1,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
8,276 sqft lot
$N/A/sqft
$220 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 |
|---|---|---|
| 2025-06-25 | Listed for sale | $239,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-26 | $1550.42 | 32.86% | $218,800 | 5.70% |
| 2023-06-26 | $1167.00 | 7.18% | $207,000 | 16.49% |
| 2022-06-26 | $1088.84 | 0.37% | $177,700 | 8.88% |
Listed by: Adam R Clark • 1st Class Hoosier Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202524341
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.
