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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% |
Investment property for sale in Roanoke at 13810 Lafayette Center Rd, Roanoke, IN, 46783 uses $137,573 cash to close to unlock $9,064/yr annual cash flow and $755/mo monthly cash flow. Total monthly income runs $3,413/mo, and a $2,031/mo payment keeps the spread at $755/mo. Purchase price stands at $415,000, and rental yield measures 9.87% with $3,413/mo rent. Return on cash invested shows 26.5% in year one, and 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 138.46% and total cumulative return in cash records $190,485. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,413/mo property income covering a $2,031/mo payment rather than investor’s personal income.
Single Family
Built in 1978
2.03 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46783, Roanoke, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,103 (100%) |
| Owner Occupied HU | 2,612 (84.2%) |
| Renter Occupied HU | 312 (10.1%) |
| Vacant Housing Units | 179 ( 5.8%) |
| Median Home Value | $312,289 |
| Average Home Value | $349,443 |
Residential
2,841
Single Family
2,806
Multi-Family
35
Businesses
220
Date | Event | Price |
|---|---|---|
| 2025-04-09 | Listed for sale | $415,000 |
| 2025-01-26 | Listing removed | $417,000 |
| 2024-10-25 | Listed for sale | $417,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-09 | $5445.72 | 148.62% | $301,500 | -2.14% |
| 2023-04-09 | $2190.36 | 15.99% | $308,100 | 10.59% |
| 2022-04-09 | $1888.40 | 6.04% | $278,600 | 18.35% |
Listed by: Jacob C McAfee • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202511665
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.
