137 W Conwell St, Aurora, IN, 47001 | $190/mo Cash Flow

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137 W Conwell St, Aurora, IN, 47001 | $190/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Aurora at 137 W Conwell St, Aurora, IN, 47001 uses $41,106 cash to close to unlock $2,275/yr annual cash flow and $190/mo monthly cash flow. Total monthly income runs $934/mo, and a $607/mo payment keeps the spread at $190/mo. Purchase price stands at $124,000, and rental yield measures 9.04% with $934/mo rent. Return on cash invested shows 25.44% in year one, and 5% annual appreciation builds toward $34,259 over five years. Five-year ROI reaches 132.37% and total cumulative return in cash records $54,411. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $934/mo property income covering a $607/mo payment rather than investor’s personal income.

Single Family

Built in 1890

10,018 sqft lot

$N/A/sqft

No HOA

More details about the property

Affordable and updated 2 bedroom home is a gem! Fresh updates throughout! Features include metal roof, front covered porch, side covered patio, off-street parking, large utility room, and new tub/shower insert in the bathroom. Also includes kitchen appliances! All this in a great price point at $124,000!

Neighborhood Data

Neighborhood data shown for ZIP Code: 47001, Aurora, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,472 (100%)
Owner Occupied HU	3,240 (72.5%)
Renter Occupied HU	844 (18.9%)
Vacant Housing Units	388 ( 8.7%)
Median Home Value	$213,898
Average Home Value	$248,906