








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 11071 Prairie Rose Pass, Roanoke, IN, 46783 listed at $405,000 pairs $3,090/mo rent with a $1,982/mo payment to leave $627/mo cash flow. Total monthly income runs $3,090/mo, and annual cash flow reaches $7,523/yr on $134,258 cash to close. Return on cash invested measures 25.51% in year one, and rental yield registers 9.16% at a $405,000 basis. Equity gained on principal adds $2,613/yr, and annual property appreciation at 5% supports $111,894 by year five. Five-year ROI tracks 132.74% and total cumulative return in cash totals $178,214. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,090/mo property income relative to a $1,982/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2019
0.36 Acres lot
$N/A/sqft
$386 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 |
|---|---|---|
| 2024-12-03 | Sold | $405,000 |
| 2024-11-11 | Pending sale | $419,900 |
| 2024-10-06 | Price change | $419,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-01 | $2976.98 | 10.76% | $369,900 | 4.70% |
| 2023-11-01 | $2687.68 | 5.05% | $353,300 | 2.52% |
| 2022-11-01 | $2558.36 | -0.76% | $344,600 | 8.88% |



What's Special
Pull Down Stairs,Storage
Listed by: Erica L Amans • Coldwell Banker Real Estate Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202434244
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.