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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 Angola at 130 Lane 250b West Otter Lk, Angola, IN, 46703 generates $1,740/mo in rent and, after a $1,224/mo payment, leaves $239/mo in cash flow. Total monthly income is $1,740/mo, and annual cash flow is $2,867/yr on $82,875 invested. Return on cash invested sits at 23.37% in year one, and rental yield is 8.35% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 121.15% and total cumulative return in cash sums $100,402. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,740/mo property income rather than buyer’s personal income.
Manufactured
Built in 1993
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46703, Angola, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,798 (100%) |
| Owner Occupied HU | 5,429 (55.4%) |
| Renter Occupied HU | 2,052 (20.9%) |
| Vacant Housing Units | 2,317 (23.6%) |
| Median Home Value | $272,006 |
| Average Home Value | $345,110 |
Residential
7,691
Single Family
7,223
Multi-Family
468
Businesses
858
Date | Event | Price |
|---|---|---|
| 2025-09-05 | Sold | $250,000 |
| 2025-08-26 | Pending sale | $274,900 |
| 2025-07-25 | Listed for sale | $274,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Christy Thomson • RE/MAX Results - Angola office
Mls Name: IRMLS
Mls Provider:
Mls ID: #202529263
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.
