








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 Cloverdale at 128 Blue Side Way, Cloverdale, IN, 46120 at $136,844 posts ROI 23.74% with $145/mo cash flow from $990/mo rent. Total monthly income equals $990/mo, and annual cash flow records $1,740/yr on $45,364 to close. Return on cash invested measures 23.74% and rental yield reads 8.68% at the current $136,844. Equity gained on principal adds $883/yr, and 5% annual appreciation supports $37,807 by year five. Five-year ROI prints 123.41% and total cumulative return in cash totals $55,983.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $990/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
7,840 sqft lot
$N/A/sqft
$280 annually HOA
Neighborhood data shown for ZIP Code: 46120, Cloverdale, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,766 (100%) |
| Owner Occupied HU | 2,044 (73.9%) |
| Renter Occupied HU | 506 (18.3%) |
| Vacant Housing Units | 216 ( 7.8%) |
| Median Home Value | $200,155 |
| Average Home Value | $230,073 |
Residential
2,414
Single Family
2,414
Multi-Family
0
Businesses
184
Date | Event | Price |
|---|---|---|
| 2025-06-11 | Listed for sale | $136,844 |
| 2025-05-18 | Listing removed | $136,844 |
| 2025-04-08 | Price change | $136,844 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-12 | $327.26 | 4.56% | $16,400 | 14.69% |
| 2023-06-12 | $313.00 | -8.33% | $14,300 | N/A |
| 2022-06-12 | $341.46 | -3.18% | $14,300 | N/A |



Listed by: Daphne Rutenberg • Little Pig Real Estate LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22041191
Disclaimer: Based on information submitted to the MLS GRID as of 2025-06-12 08:02:29 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)