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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 Hope at 166 Schaefer Ct S, Hope, IN, 47246 earns $223/mo cash flow from $1,339/mo rent with a $881/mo payment. Total monthly income totals $1,339/mo, and annual cash flow totals $2,675/yr on $59,637 capital. ROI tracks 24.39% on current figures, and rental yield reads 8.93% at a $179,900 purchase. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 over five years. Five-year ROI reaches 126.92% and total cumulative return in cash sums $75,693. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,339/mo property income instead of your personal income.
Single Family
Built in 1979
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47246, Hope, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,770 (100%) |
| Owner Occupied HU | 1,343 (75.9%) |
| Renter Occupied HU | 306 (17.3%) |
| Vacant Housing Units | 121 ( 6.8%) |
| Median Home Value | $233,300 |
| Average Home Value | $239,058 |
Residential
1,659
Single Family
1,659
Multi-Family
0
Businesses
116
Date | Event | Price |
|---|---|---|
| 2025-05-28 | Listed for sale | $179,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-29 | $1920.88 | -6.81% | $99,000 | 12.12% |
| 2023-05-29 | $2061.24 | 21.55% | $88,300 | -2.86% |
| 2022-05-29 | $1695.76 | 4.71% | $90,900 | 33.09% |
What's Special
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Listed by: Emma Moore • Weichert, REALTORS
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22041411
Disclaimer: Based on information submitted to the MLS GRID as of 2025-05-29 07:42:55 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
