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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% |
Investment property for sale in Brookston at 11802 W Horseshoe Bend Rd, Brookston, IN, 47923 earns from $1,228/mo rent with a $1,346/mo payment. Total monthly income totals $1,228/mo. ROI tracks 14.34% on current figures, and rental yield reads 5.36% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 72.79% and total cumulative return in cash sums $66,359. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,228/mo property income instead of your personal income.
Single Family
Built in 2001
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47923, Brookston, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,603 (100%) |
| Owner Occupied HU | 1,204 (75.1%) |
| Renter Occupied HU | 249 (15.5%) |
| Vacant Housing Units | 150 ( 9.4%) |
| Median Home Value | $215,726 |
| Average Home Value | $239,797 |
Residential
1,449
Single Family
1,449
Multi-Family
0
Businesses
72
Date | Event | Price |
|---|---|---|
| 2025-04-15 | Listed for sale | $275,000 |
| 2013-03-19 | Sold | $42,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-16 | $1205.42 | 30.82% | $92,600 | 3.35% |
| 2023-04-16 | $921.40 | 19.22% | $89,600 | 12.28% |
| 2022-04-16 | $772.84 | -9.03% | $79,800 | 25.47% |
Listed by: Christine Clugh • Raeco Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512797
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.
