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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% |
Total monthly income runs $0/mo, and a $783/mo payment. Purchase price stands at $160,000, and rental yield measures 0% with $0/mo rent. Return on cash invested shows -1.82% in year one, and 5% annual appreciation builds toward $44,205 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $0/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1954
1.82 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47613, Elberfeld, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,085 (100%) |
| Owner Occupied HU | 910 (83.9%) |
| Renter Occupied HU | 112 (10.3%) |
| Vacant Housing Units | 63 ( 5.8%) |
| Median Home Value | $314,000 |
| Average Home Value | $320,706 |
Residential
1,057
Single Family
1,057
Multi-Family
0
Businesses
59
Date | Event | Price |
|---|---|---|
| 2025-10-10 | Sold | $160,000 |
| 2025-09-22 | Pending sale | $159,900 |
| 2025-09-19 | Listed for sale | $159,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
Listed by: Brian Schoonover • ERA FIRST ADVANTAGE REALTY, INC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202538102
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.
