








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 11118 Timothy Ln, Roanoke, IN, 46783 earns $587/mo cash flow from $2,692/mo rent with a $1,713/mo payment. Total monthly income totals $2,692/mo, and annual cash flow totals $7,044/yr on $115,992 capital. ROI tracks 25.98% on current figures, and rental yield reads 9.23% at a $349,900 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 over five years. Five-year ROI reaches 135.22% and total cumulative return in cash sums $156,846. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,692/mo property income instead of your personal income.
Single Family
Built in 1998
1.26 Acres lot
$N/A/sqft
$50 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 |
|---|---|---|
| 2025-03-17 | Listed for sale | $349,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-19 | $2277.36 | 6.80% | $293,000 | 4.79% |
| 2023-03-19 | $2132.40 | 4.66% | $279,600 | 0.76% |
| 2022-03-19 | $2037.52 | 7.82% | $277,500 | 8.40% |



Listed by: Vickie A Harvey • Harvey and Associates Realty LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202508541
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.