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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 1224 W Clark St, Berne, IN, 46711 earns $486/mo cash flow from $1,792/mo rent with a $1,065/mo payment. Total monthly income totals $1,792/mo, and annual cash flow totals $5,831/yr on $72,101 capital. ROI tracks 28% on current figures, and rental yield reads 9.89% at a $217,500 purchase. Equity gained on principal adds $1,403/yr, and 5% annual appreciation supports $60,091 over five years. Five-year ROI reaches 145.97% and total cumulative return in cash sums $105,246. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,792/mo property income instead of your personal income.
Single Family
Built in 1960
0.31 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kristen Reynolds • C21 Advance Realty
Mls Name: IRMLS
Mls ID: #202542201
