1106 W Clark St, Berne, IN, 46711 | $470/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1106 W Clark St, Berne, IN, 46711 | $470/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Berne at 1106 W Clark St, Berne, IN, 46711 earns $470/mo cash flow from $1,880/mo rent with a $1,150/mo payment. Total monthly income totals $1,880/mo, and annual cash flow totals $5,634/yr on $77,903 capital. ROI tracks 27.14% on current figures, and rental yield reads 9.6% at a $235,000 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 over five years. Five-year ROI reaches 141.4% and total cumulative return in cash sums $110,152. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,880/mo property income instead of your personal income.

Single Family

Built in 1958

0.31 Acres lot

$N/A/sqft

No HOA

More details about the property

Many new updates just completed on this 3 bedroom 2 full bath home on a large corner lot include new roof shingles, new high-efficiency gas furnace and new central air, new flooring throughout, updated baths, new interior doors, new trim, new painting throughout interior, new lighting, new overhead garage door, landscaping and numerous other improvements. Privacy fenced-in rear lawn area. Covered concrete patio. Living-dining room combination, breakfast area in kitchen. Ready for immediate occupancy.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46711, Berne, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,889 (100%)
Owner Occupied HU	2,069 (71.6%)
Renter Occupied HU	652 (22.6%)
Vacant Housing Units	168 ( 5.8%)
Median Home Value	$220,263
Average Home Value	$290,043