Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 New Haven at 1127 Melbourne Dr, New Haven, IN, 46774 uses $39,747 cash to close to unlock $9,441/yr annual cash flow and $787/mo monthly cash flow. Total monthly income runs $1,524/mo, and a $587/mo payment keeps the spread at $787/mo. Purchase price stands at $119,900, and rental yield measures 15.25% with $1,524/mo rent. Return on cash invested shows 43.66% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 230.21% and total cumulative return in cash records $91,500. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,524/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1957
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46774, New Haven, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,456 (100%) |
| Owner Occupied HU | 5,717 (76.7%) |
| Renter Occupied HU | 1,485 (19.9%) |
| Vacant Housing Units | 254 ( 3.4%) |
| Median Home Value | $214,229 |
| Average Home Value | $251,615 |
Residential
7,319
Single Family
7,319
Multi-Family
0
Businesses
419
Date | Event | Price |
|---|---|---|
| 2025-08-22 | Sold | $119,900 |
| 2025-07-22 | Pending sale | $119,900 |
| 2025-07-19 | Listed for sale | $119,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-21 | $1204.00 | 40.33% | $80,200 | 33.22% |
| 2023-10-21 | $858.00 | 2.14% | $60,200 | 40.33% |
| 2022-10-21 | $840.00 | 2.44% | $42,900 | 2.14% |
What's Special
Pull Down Stairs
Listed by: Jack Shearer • Shearer REALTORS, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202528250
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.
