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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 Amboy at 118 N College St, Amboy, IN, 46911 generates $1,302/mo in rent, after a $1,072/mo payment. Total monthly income is $1,302/mo. Return on cash invested sits at 19.7% in year one, and rental yield is 7.13% on a $219,000 entry. Equity gained on principal adds $1,413/yr, while 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 101.54% and total cumulative return in cash sums $73,713. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,302/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46911, Amboy, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 564 (100%) |
| Owner Occupied HU | 421 (74.6%) |
| Renter Occupied HU | 76 (13.5%) |
| Vacant Housing Units | 67 (11.9%) |
| Median Home Value | $250,219 |
| Average Home Value | $300,814 |
Residential
400
Single Family
400
Multi-Family
0
Businesses
23
Date | Event | Price |
|---|---|---|
| 2025-06-24 | Listed for sale | $219,000 |
| 2025-03-12 | Sold | $64,000 |
| 2018-01-02 | Sold | $59,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-25 | $406.64 | 2.44% | $74,200 | -1.07% |
| 2023-06-25 | $396.96 | 13.35% | $75,000 | N/A |
| 2022-06-25 | $350.22 | 5.83% | $75,000 | 17.74% |
Listed by: Rachel Shafer • Kaiser's Sweet Home Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202524203
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.
