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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% |
Rental property for sale in Upland at 117 N Half St, Upland, IN, 46989 offers $905/mo rent that, after a $563/mo payment, leaves $187/mo cash flow. Total monthly income is $905/mo, and annual cash flow is $2,249/yr on $38,123 cash. Return on cash invested measures 25.81% in year one, and rental yield stands at 9.44% at a $115,000 entry. Equity gained on principal adds $742/yr while 5% annual appreciation compounds into $31,772 by year five. Five-year ROI records 134.62% and total cumulative return in cash reaches $51,321. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $905/mo property income versus a $563/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1880
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46989, Upland, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,539 (100%) |
| Owner Occupied HU | 1,094 (71.1%) |
| Renter Occupied HU | 288 (18.7%) |
| Vacant Housing Units | 157 (10.2%) |
| Median Home Value | $245,909 |
| Average Home Value | $269,321 |
Residential
1,188
Single Family
1,188
Multi-Family
0
Businesses
74
Date | Event | Price |
|---|---|---|
| 2025-05-08 | Listed for sale | $115,000 |
| 2000-05-22 | Sold | $93,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-09 | $1280.00 | 10.02% | $130,600 | -2.46% |
| 2023-05-09 | $1163.42 | 9.74% | $133,900 | 17.66% |
| 2022-05-09 | $1060.20 | 12.99% | $113,800 | 12.23% |
Listed by: Ross Phillipy • Metz Phillipy Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202516523
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.
