








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 Hebron at 17204 Colorado St, Hebron, IN, 46341 generates $3,617/mo in rent, after a $3,180/mo payment. Total monthly income is $3,617/mo. Return on cash invested sits at 18.47% in year one, and rental yield is 6.68% on a $649,800 entry. Equity gained on principal adds $4,193/yr, while 5% annual appreciation builds toward $179,528 over five years. Five-year ROI reaches 94.85% and total cumulative return in cash sums $202,775. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,617/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
5 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46341, Hebron, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,266 (100%) |
| Owner Occupied HU | 3,527 (82.7%) |
| Renter Occupied HU | 584 (13.7%) |
| Vacant Housing Units | 155 ( 3.6%) |
| Median Home Value | $317,044 |
| Average Home Value | $336,961 |
Residential
3,973
Single Family
3,553
Multi-Family
420
Businesses
133
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: Lynn Palmer • McColly Real Estate
Mls Name: NIRA
Mls ID: #826767