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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 11099 Carob Thorn Trl, Roanoke, IN, 46783 offers a 6.46% rental yield on a $389,900 purchase with $2,100/mo rent. 3% in year one. Equity gained on principal adds $2,516/yr while 5% annual appreciation supports $107,722 over five years. Portfolio math shows five-year ROI at 88.79% and total cumulative return in cash at $114,757. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,100/mo property income against a $1,908/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
10,018 sqft lot
$N/A/sqft
$490 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 |
|---|---|---|
| 2025-04-09 | Listed for sale | $389,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Elizabeth A Urschel • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202511993
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.
