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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 Andrews at 187 W McKeever St, Andrews, IN, 46702 at $179,500 posts ROI 31.85% with $592/mo cash flow from $1,670/mo rent. Total monthly income equals $1,670/mo, and annual cash flow records $7,105/yr on $59,504 to close. Return on cash invested measures 31.85% and rental yield reads 11.16% at the current $179,500. Equity gained on principal adds $1,158/yr, and 5% annual appreciation supports $49,593 by year five. Five-year ROI prints 166.7% and total cumulative return in cash totals $99,196.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,670/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1994
2.98 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46702, Andrews, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 956 (100%) |
| Owner Occupied HU | 708 (74.1%) |
| Renter Occupied HU | 139 (14.5%) |
| Vacant Housing Units | 109 (11.4%) |
| Median Home Value | $245,000 |
| Average Home Value | $276,691 |
Residential
788
Single Family
763
Multi-Family
25
Businesses
35
Date | Event | Price |
|---|---|---|
| 2025-04-24 | Listed for sale | $179,500 |
| 2000-05-23 | Sold | $66,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-25 | $1286.00 | -2.71% | $138,200 | 50.22% |
| 2023-04-25 | $1321.78 | 8.43% | $92,000 | -2.54% |
| 2022-04-25 | $1219.00 | 6.84% | $94,400 | 8.38% |
Listed by: Lori Siders • Siders Premiere Properties, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514421
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.
