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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% |
Total monthly income runs $2,483/mo, and a $1,713/mo payment. Purchase price stands at $349,900, and rental yield measures 8.52% with $2,483/mo rent. Return on cash invested shows 19.53% in year one, and 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 102.11% and total cumulative return in cash records $118,434. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,483/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1890
14 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46070, Summitville, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 985 (100%) |
| Owner Occupied HU | 764 (77.6%) |
| Renter Occupied HU | 147 (14.9%) |
| Vacant Housing Units | 74 ( 7.5%) |
| Median Home Value | $195,982 |
| Average Home Value | $197,592 |
Residential
722
Single Family
722
Multi-Family
0
Businesses
24
Date | Event | Price |
|---|---|---|
| 2025-04-24 | Sold | $349,900 |
| 2025-04-10 | Pending sale | $349,900 |
| 2025-03-18 | Price change | $349,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-25 | $7937.38 | 9.94% | $524,700 | 11.64% |
| 2023-10-25 | $7219.52 | 11.51% | $470,000 | 10.02% |
| 2022-10-25 | $6474.12 | 14.61% | $427,200 | 14.47% |
What's Special
Storage
Listed by: Joe Schroder • RE/MAX Realty One
Mls Name: IRMLS
Mls Provider:
Mls ID: #202439165
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.
