1465 Moto Cross Rd, Mitchell, IN, 47446 | $450/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1465 Moto Cross Rd, Mitchell, IN, 47446 | $450/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 Mitchell at 1465 Moto Cross Rd, Mitchell, IN, 47446 offers a 9.9% rental yield on a $199,900 purchase with $1,650/mo rent. Total monthly income registers $1,650/mo, and a $978/mo payment leaves $450/mo available for distribution. Annual cash flow reaches $5,405/yr on $66,267 to close, and return on cash invested stands at 28.07% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 146.37% and total cumulative return in cash at $96,997. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,650/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2000

2.07 Acres lot

$N/A/sqft

No HOA

More details about the property

VERSATILE. SPACIOUS. PROMISING. Excellent investment opportunity! Currently owned and used by the Fraternal Order of Police, this property offers incredible potential for a variety of uses. Situated on 2.07 acres, it features three buildings - a 10x16 storage shed, a 36x24 shelter house perfect for outdoor events, and a spacious 2,780 sq. ft. main building. Step through the front door of the main building to find two expansive rooms that can easily serve as recreational areas or be transformed into a welcoming living and dining space. The main structure includes two furnaces, a large full kitchen, two half bathrooms, which could easily be converted to a full bathroom, and a bedroom, making it ideal for gatherings, community events, or a potential conversion to residential or commercial use. Property comes complete with kitchen appliances and has the possibility of qualifying for FHA or VA financing. With a solid offer, seller will install a standup shower. Whether you're looking to expand your business, host events, or reimagine the propertys potential, this unique space offers endless opportunities for the visionary buyer.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47446, Mitchell, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,285 (100%)
Owner Occupied HU	3,046 (71.1%)
Renter Occupied HU	767 (17.9%)
Vacant Housing Units	472 (11.0%)
Median Home Value	$180,587
Average Home Value	$220,742