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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% |
Rental property for sale in Syracuse at 12946 N 300 E, Syracuse, IN, 46567 generates $1,644/mo in rent and, after a $1,047/mo payment, leaves $360/mo in cash flow. Total monthly income is $1,644/mo, and annual cash flow is $4,318/yr on $70,941 invested. Return on cash invested sits at 26% in year one, and rental yield is 9.22% on a $214,000 entry. Equity gained on principal adds $1,381/yr, while 5% annual appreciation builds toward $59,124 over five years. Five-year ROI reaches 135.26% and total cumulative return in cash sums $95,951. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,644/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46567, Syracuse, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,038 (100%) |
| Owner Occupied HU | 3,136 (51.9%) |
| Renter Occupied HU | 872 (14.4%) |
| Vacant Housing Units | 2,030 (33.6%) |
| Median Home Value | $317,585 |
| Average Home Value | $442,306 |
Residential
5,356
Single Family
5,308
Multi-Family
48
Businesses
364
Date | Event | Price |
|---|---|---|
| 2024-11-05 | Sold | $214,000 |
| 2024-11-04 | Pending sale | $214,000 |
| 2024-09-11 | Price change | $214,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-31 | $314.16 | 11.69% | $115,400 | 7.85% |
| 2023-10-31 | $281.28 | 66.95% | $107,000 | 9.30% |
| 2022-10-31 | $168.48 | 10.12% | $97,900 | 26.49% |
Listed by: Aaron Wright • RE/MAX Results- Warsaw
Mls Name: IRMLS
Mls Provider:
Mls ID: #202432480
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.
