








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 Bluffton at 1206 W South St, Bluffton, IN, 46714 listed at $142,000 pairs $1,102/mo rent with a $695/mo payment to leave $250/mo cash flow. Total monthly income runs $1,102/mo, and annual cash flow reaches $2,995/yr on $47,073 cash to close. Return on cash invested measures 26.27% in year one, and rental yield registers 9.31% at a $142,000 basis. Equity gained on principal adds $916/yr, and annual property appreciation at 5% supports $39,232 by year five. Five-year ROI tracks 136.77% and total cumulative return in cash totals $64,382. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,102/mo property income relative to a $695/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46714, Bluffton, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,868 (100%) |
| Owner Occupied HU | 4,405 (64.1%) |
| Renter Occupied HU | 1,952 (28.4%) |
| Vacant Housing Units | 511 ( 7.4%) |
| Median Home Value | $192,431 |
| Average Home Value | $229,887 |
Residential
6,622
Single Family
6,327
Multi-Family
295
Businesses
576
Date | Event | Price |
|---|---|---|
| 2025-04-23 | Listed for sale | $142,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-24 | $600.40 | 30.73% | $159,800 | 7.83% |
| 2023-04-24 | $459.28 | 36.61% | $148,200 | 13.39% |
| 2022-04-24 | $336.20 | 64.22% | $130,700 | 11.23% |



Listed by: Tyler Jackson • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514206
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.