








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 Wheatfield at 175 S Graham St, Wheatfield, IN, 46392 earns $575/mo cash flow from $1,716/mo rent with a $930/mo payment. Total monthly income totals $1,716/mo, and annual cash flow totals $6,905/yr on $62,985 capital. ROI tracks 30.87% on current figures, and rental yield reads 10.84% at a $190,000 purchase. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 over five years. Five-year ROI reaches 161.43% and total cumulative return in cash sums $101,676. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,716/mo property income instead of your personal income.
Single Family
Built in 1943
8,189 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46392, Wheatfield, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,357 (100%) |
| Owner Occupied HU | 2,717 (80.9%) |
| Renter Occupied HU | 515 (15.3%) |
| Vacant Housing Units | 125 ( 3.7%) |
| Median Home Value | $247,317 |
| Average Home Value | $281,088 |
Residential
3,109
Single Family
3,109
Multi-Family
0
Businesses
85
Date | Event | Price |
|---|---|---|
| 2025-06-28 | Listed for sale | $190,000 |
| 2022-07-29 | Sold | $170,000 |
| 2022-05-06 | Pending sale | $169,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-30 | $644.14 | 64.32% | $154,300 | 13.62% |
| 2023-06-30 | $392.00 | 11.55% | $135,800 | 41.61% |
| 2022-06-30 | $351.40 | -6.17% | $95,900 | 7.87% |



Listed by: Kaylin Carullo • Advanced Real Estate, LLC
Mls Name: NIRA
Mls Provider:
Mls ID: #823383
Disclaimer: Copyright 2025 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. 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.