








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Bluffton at 127 E Wiley Ave, Bluffton, IN, 46714 offers $1,055/mo rent that, after a $685/mo payment, leaves $215/mo cash flow. Total monthly income is $1,055/mo, and annual cash flow is $2,578/yr on $46,410 cash. Return on cash invested measures 25.46% in year one, and rental yield stands at 9.04% at a $140,000 entry. Equity gained on principal adds $903/yr while 5% annual appreciation compounds into $38,679 by year five. Five-year ROI records 132.41% and total cumulative return in cash reaches $61,450. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,055/mo property income versus a $685/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
5,227 sqft 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-22 | $792.02 | 33.55% | $136,000 | 8.54% |
| 2023-09-22 | $593.04 | 21.40% | $125,300 | 12.98% |
| 2022-09-22 | $488.50 | 27.51% | $110,900 | 11.57% |



Listed by: Rebecca Williams-Thomas • F.C. Tucker Fort Wayne
Mls Name: IRMLS
Mls Provider:
Mls ID: #202538080
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.