Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 15011 Lafayette Center Rd, Roanoke, IN, 46783 offers a 12.39% rental yield on a $225,000 purchase with $2,323/mo rent. Total monthly income registers $2,323/mo, and a $1,101/mo payment leaves $973/mo available for distribution. Annual cash flow reaches $11,671/yr on $74,588 to close, and return on cash invested stands at 35.56% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 186.53% and total cumulative return in cash at $139,125. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,323/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
1.20 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 |
|---|---|---|
| 2025-11-25 | Sold | $225,000 |
| 2025-11-01 | Pending sale | $225,000 |
| 2025-10-30 | Listed for sale | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-19 | $526.60 | 2.00% | $218,100 | 4.86% |
| 2023-12-19 | $516.28 | 2.00% | $208,000 | 16.66% |
| 2022-12-19 | $506.16 | 2.00% | $178,300 | 14.15% |
Listed by: Julia Carsten • Anthony REALTORS
Mls Name: IRMLS
Mls Provider:
Mls ID: #202544054
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.
