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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 Ramsey at 1520 Railroad Avenue NW, Ramsey, IN, 47166 offers a 11.01% rental yield on a $199,000 purchase with $1,825/mo rent. Total monthly income registers $1,825/mo, and a $974/mo payment leaves $630/mo available for distribution. Annual cash flow reaches $7,565/yr on $65,969 to close, and return on cash invested stands at 31.38% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 164.12% and total cumulative return in cash at $108,270. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,825/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47166, Ramsey, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 546 (100%) |
| Owner Occupied HU | 461 (84.4%) |
| Renter Occupied HU | 74 (13.6%) |
| Vacant Housing Units | 11 ( 2.0%) |
| Median Home Value | $228,611 |
| Average Home Value | $254,778 |
Residential
576
Single Family
576
Multi-Family
0
Businesses
31
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jeremy L Ward • Ward Realty Services
Mls Name: SIRA
Mls ID: #202509768
