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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 Ramsey at 1850 Highway 64 NW, Ramsey, IN, 47166 offers a 7.49% rental yield on a $254,900 purchase with $1,590/mo rent. Total monthly income registers $1,590/mo, and a $1,248/mo payment leaves $59/mo available for distribution. Annual cash flow reaches $714/yr on $84,499 to close, and return on cash invested stands at 20.75% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,424 over five years. Portfolio math shows five-year ROI at 107.16% and total cumulative return in cash at $90,552. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,590/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1944
1.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47166, Ramsey, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 546 (100%) |
| Owner Occupied HU | 461 (84.4%) |
| Renter Occupied HU | 74 (13.6%) |
| Vacant Housing Units | 11 ( 2.0%) |
| Median Home Value | $228,611 |
| Average Home Value | $254,778 |
Residential
576
Single Family
576
Multi-Family
0
Businesses
31
Date | Event | Price |
|---|---|---|
| 2025-06-23 | Listed for sale | $254,900 |
| 2020-10-26 | Sold | $160,000 |
| 2012-12-21 | Sold | $88,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-25 | $18.15 | -0.66% | $2,200 | 57.14% |
| 2023-06-25 | $18.27 | -3.54% | $1,400 | N/A |
| 2022-06-25 | $18.94 | -3.76% | $1,400 | N/A |
Listed by: Craig Eberle • Keller Williams Realty Consultants
Mls Name: SIRA
Mls Provider:
Mls ID: #202508966
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.
