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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 Wheatfield at 15126 N 400 W, Wheatfield, IN, 46392 earns $214/mo cash flow from $1,024/mo rent with a $660/mo payment. Total monthly income totals $1,024/mo, and annual cash flow totals $2,574/yr on $44,719 capital. ROI tracks 25.66% on current figures, and rental yield reads 9.11% at a $134,900 purchase. Equity gained on principal adds $870/yr, and 5% annual appreciation supports $37,270 over five years. Five-year ROI reaches 133.51% and total cumulative return in cash sums $59,705. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,024/mo property income instead of your personal income.
Manufactured
Built in 1988
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46392, Wheatfield, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,357 (100%) |
| Owner Occupied HU | 2,717 (80.9%) |
| Renter Occupied HU | 515 (15.3%) |
| Vacant Housing Units | 125 ( 3.7%) |
| Median Home Value | $247,317 |
| Average Home Value | $281,088 |
Residential
3,109
Single Family
3,109
Multi-Family
0
Businesses
85
Date | Event | Price |
|---|---|---|
| 2025-03-21 | Listed for sale | $134,900 |
| 2023-08-04 | Sold | $30,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-24 | $552.66 | 8.42% | $66,600 | 10.82% |
| 2023-03-24 | $509.74 | 347.93% | $60,100 | 8.09% |
| 2022-03-24 | $113.80 | -6.80% | $55,600 | 7.96% |
Listed by: Laura Eenigenburg • RE/MAX Executives
Mls Name: NIRA
Mls Provider:
Mls ID: #817814
Disclaimer: Copyright 2025 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. 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.
