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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 Elkhart at 1730 Fortino Ct APT B, Elkhart, IN, 46514 earns $226/mo cash flow from $1,246/mo rent with a $832/mo payment. Total monthly income totals $1,246/mo, and annual cash flow totals $2,708/yr on $56,322 capital. ROI tracks 24.72% on current figures, and rental yield reads 8.8% at a $169,900 purchase. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 over five years. Five-year ROI reaches 128.42% and total cumulative return in cash sums $72,326. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,246/mo property income instead of your personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46514, Elkhart, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,284 (100%) |
| Owner Occupied HU | 11,774 (64.4%) |
| Renter Occupied HU | 5,434 (29.7%) |
| Vacant Housing Units | 1,076 ( 5.9%) |
| Median Home Value | $219,702 |
| Average Home Value | $252,263 |
Residential
17,694
Single Family
16,264
Multi-Family
1,430
Businesses
1,341
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: Dianna Morningstar • McKinnies Realty, LLC Elkhart
Mls Name: IRMLS
Mls ID: #202545383
