








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 11210 Wirra Wirra Hl, Roanoke, IN, 46783 offers a 9.23% rental yield on a $249,900 purchase with $1,922/mo rent. Total monthly income registers $1,922/mo, and a $1,223/mo payment leaves $403/mo available for distribution. Annual cash flow reaches $4,831/yr on $82,842 to close, and return on cash invested stands at 25.74% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 133.99% and total cumulative return in cash at $111,002. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,922/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
8,276 sqft lot
$N/A/sqft
$233 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 |
|---|---|---|
| 2025-03-31 | Listed for sale | $249,900 |
| 2018-12-17 | Sold | $139,900 |
| 2018-11-05 | Price change | $139,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-01 | $1601.12 | 32.74% | $224,100 | 5.61% |
| 2023-04-01 | $1206.20 | 7.01% | $212,200 | 16.59% |
| 2022-04-01 | $1127.16 | 0.26% | $182,000 | 8.85% |



Listed by: Kelly York • North Eastern Group Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510518
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.