








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 Upland at 1416 S 3rd Ave, Upland, IN, 46989 uses $66,300 cash to close to unlock $2,344/yr annual cash flow and $195/mo monthly cash flow. Total monthly income runs $1,396/mo, and a $979/mo payment keeps the spread at $195/mo. Purchase price stands at $200,000, and rental yield measures 8.38% with $1,396/mo rent. Return on cash invested shows 23.44% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 121.6% and total cumulative return in cash records $80,624. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,396/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1997
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46989, Upland, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,539 (100%) |
| Owner Occupied HU | 1,094 (71.1%) |
| Renter Occupied HU | 288 (18.7%) |
| Vacant Housing Units | 157 (10.2%) |
| Median Home Value | $245,909 |
| Average Home Value | $269,321 |
Residential
1,188
Single Family
1,188
Multi-Family
0
Businesses
74
Date | Event | Price |
|---|---|---|
| 2025-06-27 | Sold | $200,000 |
| 2025-06-15 | Pending sale | $199,500 |
| 2025-06-14 | Listed for sale | $199,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-26 | $889.32 | 1.82% | $150,300 | 11.00% |
| 2023-10-26 | $873.44 | 14.66% | $135,400 | 14.17% |
| 2022-10-26 | $761.76 | 218.99% | $118,600 | 10.12% |



Listed by: Craig Luthy • Nicholson Realty 2.0 LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202522768
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.