1871 Sonoma Ln #1-D, West Harrison, IN, 47060 | $475/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1871 Sonoma Ln #1-D, West Harrison, IN, 47060 | $475/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in West Harrison at 1871 Sonoma Ln #1-D, West Harrison, IN, 47060 listed at $260,000 pairs $2,036/mo rent with a $1,273/mo payment to leave $475/mo cash flow. Total monthly income runs $2,036/mo, and annual cash flow reaches $5,698/yr on $86,190 cash to close. Return on cash invested measures 26.52% in year one, and rental yield registers 9.4% at a $260,000 basis. Equity gained on principal adds $1,678/yr, and annual property appreciation at 5% supports $71,833 by year five. Five-year ROI tracks 138.04% and total cumulative return in cash totals $118,973. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,036/mo property income relative to a $1,273/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2006

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to Jamison Place Condos - where comfort meets convenience! This charming 2-bedroom, 2-bath condo offers easy, low-maintenance living in a quiet community just minutes from I-74, shopping, dining, and the Ohio line. Step inside to find an open concept living and dining area, a spacious kitchen with plenty of storage, and a private patio perfect for relaxing after a long day. Both bedrooms are generously sized, with the primary suite featuring its own full bath. Enjoy the ease of main-level access, modern finishes, and a layout designed for both comfort and functionality. Perfect for first-time buyers, downsizers, or anyone seeking a simple lock-and-leave lifestyle. With its great location and move-in ready condition, this condo is a must-see! Don't waitschedule your private showing today and discover why Sonoma Lane is one of West Harrison's best-kept secrets.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47060, West Harrison, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,947 (100%)
Owner Occupied HU	2,442 (82.9%)
Renter Occupied HU	375 (12.7%)
Vacant Housing Units	130 ( 4.4%)
Median Home Value	$316,798
Average Home Value	$332,482