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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 16242 State Road 148, Aurora, IN, 47001 generates $1,920/mo in rent and, after a $1,468/mo payment, leaves $120/mo in cash flow. Total monthly income is $1,920/mo, and annual cash flow is $1,435/yr on $99,417 invested. Return on cash invested sits at 21.35% in year one, and rental yield is 7.68% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 110.35% and total cumulative return in cash sums $109,708. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,920/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
1.48 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jeff A. McGownd • Keller Williams Realty Service
Mls Name: SEIBR
Mls ID: #206541
