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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 Flora at 124 E Clem St, Flora, IN, 46929 earns $396/mo cash flow from $1,470/mo rent with a $876/mo payment. Total monthly income totals $1,470/mo, and annual cash flow totals $4,747/yr on $59,339 capital. ROI tracks 27.91% on current figures, and rental yield reads 9.85% at a $179,000 purchase. Equity gained on principal adds $1,155/yr, and 5% annual appreciation supports $49,454 over five years. Five-year ROI reaches 145.53% and total cumulative return in cash sums $86,355. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,470/mo property income instead of your personal income.
Single Family
Built in 1928
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46929, Flora, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,414 (100%) |
| Owner Occupied HU | 1,005 (71.1%) |
| Renter Occupied HU | 315 (22.3%) |
| Vacant Housing Units | 94 ( 6.6%) |
| Median Home Value | $183,468 |
| Average Home Value | $226,652 |
Residential
1,365
Single Family
1,274
Multi-Family
91
Businesses
135
Date | Event | Price |
|---|---|---|
| 2024-11-22 | Sold | $179,000 |
| 2024-10-30 | Pending sale | $189,000 |
| 2024-09-24 | Listed for sale | $189,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $549.54 | 2.78% | $109,800 | 21.73% |
| 2023-11-02 | $534.66 | 31.52% | $90,200 | 12.33% |
| 2022-11-02 | $406.52 | -2.08% | $80,300 | 16.04% |
Listed by: Bret R Rinehart • Rinehart Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202436890
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.
