








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 11032 Calera Psge, Roanoke, IN, 46783 uses $96,135 cash to close to unlock $6,358/yr annual cash flow and $530/mo monthly cash flow. Total monthly income runs $2,472/mo, and a $1,419/mo payment keeps the spread at $530/mo. Purchase price stands at $290,000, and rental yield measures 10.23% with $2,472/mo rent. Return on cash invested shows 26.52% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 138.98% and total cumulative return in cash records $133,612. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,472/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 2016
9,583 sqft lot
$N/A/sqft
$205 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 |
|---|---|---|
| 2025-06-24 | Sold | $290,000 |
| 2025-06-11 | Pending sale | $295,000 |
| 2025-06-06 | Listed for sale | $295,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-17 | $4622.06 | 33.67% | $265,500 | 1.53% |
| 2023-10-17 | $3457.90 | 3.00% | $261,500 | 13.11% |
| 2022-10-17 | $3357.34 | 7.15% | $231,200 | 8.70% |



What's Special
Pull Down Stairs
Listed by: Bradley D Noll • Noll Team Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202521532
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.