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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 Berne at 1211 Westwind Trl, Berne, IN, 46711 listed at $195,000 pairs $1,960/mo rent with a $954/mo payment to leave $790/mo cash flow. Total monthly income runs $1,960/mo, and annual cash flow reaches $9,478/yr on $64,643 cash to close. Return on cash invested measures 34.57% in year one, and rental yield registers 12.06% at a $195,000 basis. Equity gained on principal adds $1,258/yr, and annual property appreciation at 5% supports $53,875 by year five. Five-year ROI tracks 181.23% and total cumulative return in cash totals $117,154. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,960/mo property income relative to a $954/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1991
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46711, Berne, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,889 (100%) |
| Owner Occupied HU | 2,069 (71.6%) |
| Renter Occupied HU | 652 (22.6%) |
| Vacant Housing Units | 168 ( 5.8%) |
| Median Home Value | $220,263 |
| Average Home Value | $290,043 |
Residential
2,870
Single Family
2,566
Multi-Family
304
Businesses
239
Date | Event | Price |
|---|---|---|
| 2024-11-22 | Sold | $195,000 |
| 2024-10-21 | Pending sale | $210,000 |
| 2024-10-08 | Listed for sale | $210,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-01 | $410.00 | 2.00% | $138,700 | 5.40% |
| 2023-11-01 | $401.96 | 2.00% | $131,600 | -5.12% |
| 2022-11-01 | $394.08 | 2.00% | $138,700 | 6.04% |
Listed by: Barton R Lehman • Miz Lehman REALTORS-Auctioneer
Mls Name: IRMLS
Mls Provider:
Mls ID: #202439015
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.
