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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% |
Rental property for sale in Aurora at 16196 State Route 148, Aurora, IN, 47001 generates $2,099/mo in rent and, after a $1,363/mo payment, leaves $427/mo in cash flow. Total monthly income is $2,099/mo, and annual cash flow is $5,129/yr on $92,290 invested. Return on cash invested sits at 25.47% in year one, and rental yield is 9.05% on a $278,400 entry. Equity gained on principal adds $1,796/yr, while 5% annual appreciation builds toward $76,917 over five years. Five-year ROI reaches 132.43% and total cumulative return in cash sums $122,218. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,099/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47001, Aurora, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,472 (100%) |
| Owner Occupied HU | 3,240 (72.5%) |
| Renter Occupied HU | 844 (18.9%) |
| Vacant Housing Units | 388 ( 8.7%) |
| Median Home Value | $213,898 |
| Average Home Value | $248,906 |
Residential
4,351
Single Family
4,282
Multi-Family
69
Businesses
296
Date | Event | Price |
|---|---|---|
| 2025-09-30 | Listing removed | $269,900 |
| 2025-09-20 | Listed for sale | $269,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $610.92 | 3.43% | $127,500 | 6.52% |
| 2023-10-24 | $590.64 | 20.81% | $119,700 | 7.26% |
| 2022-10-24 | $488.92 | 2.70% | $111,600 | 8.35% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
