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 Roanoke at 11778 N Roanoke Rd, Roanoke, IN, 46783 uses $49,692 cash to close to unlock $2,818/yr annual cash flow and $235/mo monthly cash flow. Total monthly income runs $1,135/mo, and a $734/mo payment keeps the spread at $235/mo. Purchase price stands at $149,900, and rental yield measures 9.09% with $1,135/mo rent. Return on cash invested shows 25.58% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 133.01% and total cumulative return in cash records $66,095. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,135/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1971
1.12 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-17 | $1121.82 | 10.65% | $180,900 | 12.15% |
| 2023-09-17 | $1013.82 | -5.62% | $161,300 | 2.28% |
| 2022-09-17 | $1074.24 | 2.62% | $157,700 | 2.80% |
Listed by: J. Kyle Ness • Ness Bros. Realtors & Auctioneers
Mls Name: IRMLS
Mls Provider:
Mls ID: #202537429
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.
