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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 Alexandria at 1413 N Fairview Ave, Alexandria, IN, 46001 earns $424/mo cash flow from $2,134/mo rent with a $1,394/mo payment. Total monthly income totals $2,134/mo, and annual cash flow totals $5,091/yr on $94,444 capital. ROI tracks 25.3% on current figures, and rental yield reads 8.99% at a $284,900 purchase. Equity gained on principal adds $1,838/yr, and 5% annual appreciation supports $78,713 over five years. Five-year ROI reaches 131.54% and total cumulative return in cash sums $124,235. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,134/mo property income instead of your personal income.
Single Family
Built in 1997
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46001, Alexandria, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,069 (100%) |
| Owner Occupied HU | 3,388 (66.8%) |
| Renter Occupied HU | 1,108 (21.9%) |
| Vacant Housing Units | 573 (11.3%) |
| Median Home Value | $178,912 |
| Average Home Value | $205,941 |
Residential
4,471
Single Family
4,461
Multi-Family
10
Businesses
216
Date | Event | Price |
|---|---|---|
| 2025-10-02 | Sold | $284,900 |
| 2025-09-30 | Pending sale | $299,900 |
| 2025-08-20 | Listed for sale | $299,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-20 | $2174.54 | -2.26% | $203,400 | 9.35% |
| 2023-10-20 | $2224.74 | 5.97% | $186,000 | -2.31% |
| 2022-10-20 | $2099.32 | 6.93% | $190,400 | 8.43% |
What's Special
Pull Down Stairs
Listed by: Joe Schroder • RE/MAX Realty One
Mls Name: IRMLS
Mls Provider:
Mls ID: #202533178
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.
