11818 N Roanoke Rd, Roanoke, IN, 46783 | $358/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

11818 N Roanoke Rd, Roanoke, IN, 46783 | $358/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
5 Bath
2524 sft

41 Stoneridge Dr, Huntington, IN, 46750

4 Bed
3 Bath
2356 sft

483 Brittania Dr, Huntington, IN, 46750

2 Bed
2 Bath
1429 sft

433 Gene Dr, Roanoke, IN, 46783

4 Bed
3 Bath
4476 sft

1348 Guilford St, Huntington, IN, 46750

Nearby investment properties with comparable prices

$ 395,000

ROI

Cash Flow/m

3 Bed
3 Bath
1696 sft

7273 W 100th Rd N, Andrews, IN, 46702

4 Bed
3 Bath
4800 sft

5562 W 100 N, Huntington, IN, 46750

4 Bed
3 Bath
3038 sft

37 Northway Dr, Huntington, IN, 46750

4 Bed
3 Bath
2002 sft

4894 E State Road 124, Wabash, IN, 46992

Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

Explore more listings using simple english

Investment Highlights

Investment property for sale in Roanoke at 11818 N Roanoke Rd, Roanoke, IN, 46783 offers a 8.29% rental yield on a $395,000 purchase with $2,729/mo rent. Total monthly income registers $2,729/mo, and a $1,933/mo payment leaves $358/mo available for distribution. Annual cash flow reaches $4,299/yr on $130,943 to close, and return on cash invested stands at 23.19% in year one. Equity gained on principal adds $2,549/yr while 5% annual appreciation supports $109,131 over five years. Portfolio math shows five-year ROI at 120.23% and total cumulative return in cash at $157,434. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,729/mo property income against a $1,933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1962

3.25 Acres lot

$N/A/sqft

No HOA

More details about the property

Discover this spacious 5 bedroom, 3 full bathroom home tucked away on just over 3 partially wooded acres in the heart of charming Roanoke. This tri-level with a basement offers room to spread out and enjoy country living while staying close to Fort Wayne conveniencesor simply stroll into Roanoke to savor its local restaurants, entertainment, and shops. Outside, youll find a 36x42 outbuilding, two sheds, and a chicken coop (chickens included!), making this property as functional as it is unique. Major updates give peace of mind, with the roof and many big-ticket mechanicals replaced within the last 5 years. Cozy evenings await by the wood-burning fireplace or the pellet stove, and the whole-house generator provides year-round security. Dont miss the chance to own this one-of-a-kind retreatschedule your showing today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 46783, Roanoke, IN area.

Housing Distribution

Housing Statistics

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