Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Converse at 13050 S 1025 E, Converse, IN, 46919 earns $372/mo cash flow from $1,980/mo rent with a $1,311/mo payment. Total monthly income totals $1,980/mo, and annual cash flow totals $4,465/yr on $88,809 capital. ROI tracks 24.94% on current figures, and rental yield reads 8.87% at a $267,900 purchase. Equity gained on principal adds $1,729/yr, and 5% annual appreciation supports $74,016 over five years. Five-year ROI reaches 129.6% and total cumulative return in cash sums $115,094. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,980/mo property income instead of your personal income.
Single Family
Built in 2004
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46919, Converse, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 961 (100%) |
| Owner Occupied HU | 676 (70.3%) |
| Renter Occupied HU | 185 (19.3%) |
| Vacant Housing Units | 100 (10.4%) |
| Median Home Value | $196,330 |
| Average Home Value | $273,295 |
Residential
577
Single Family
531
Multi-Family
46
Businesses
42
Date | Event | Price |
|---|---|---|
| 2025-03-20 | Sold | $267,900 |
| 2025-03-08 | Pending sale | $264,900 |
| 2025-01-14 | Price change | $264,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $286.04 | -69.54% | $137,300 | -3.11% |
| 2023-11-02 | $939.20 | 20.47% | $141,700 | -0.28% |
| 2022-11-02 | $779.64 | 3.25% | $142,100 | 12.51% |
Listed by: Joe Schroder • RE/MAX Realty One
Mls Name: IRMLS
Mls Provider:
Mls ID: #202438341
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.
