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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 Bluffton at 1596 N William Wells Cir, Bluffton, IN, 46714 uses $48,399 cash to close to unlock $10,562/yr annual cash flow and $880/mo monthly cash flow. Total monthly income runs $1,957/mo, and a $715/mo payment keeps the spread at $880/mo. Purchase price stands at $146,000, and rental yield measures 16.08% with $1,957/mo rent. Return on cash invested shows 41.73% in year one, and 5% annual appreciation builds toward $40,337 over five years. Five-year ROI reaches 221.5% and total cumulative return in cash records $107,206. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,957/mo property income covering a $715/mo payment rather than investor’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
$200 monthly HOA
Neighborhood data shown for ZIP Code: 46714, Bluffton, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,868 (100%) |
| Owner Occupied HU | 4,405 (64.1%) |
| Renter Occupied HU | 1,952 (28.4%) |
| Vacant Housing Units | 511 ( 7.4%) |
| Median Home Value | $192,431 |
| Average Home Value | $229,887 |
Residential
6,622
Single Family
6,327
Multi-Family
295
Businesses
576
Date | Event | Price |
|---|---|---|
| 2024-12-16 | Sold | $146,000 |
| 2024-11-25 | Pending sale | $155,000 |
| 2024-08-07 | Listed for sale | $155,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
Storage
Listed by: Bobby A Perry III • Steffen Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202429682
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.
