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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 Miami at 1920 W Blake St, Miami, IN, 46959 earns $533/mo cash flow from $1,259/mo rent with a $592/mo payment. Total monthly income totals $1,259/mo, and annual cash flow totals $6,395/yr on $40,112 capital. ROI tracks 35.85% on current figures, and rental yield reads 12.49% at a $121,000 purchase. Equity gained on principal adds $781/yr, and 5% annual appreciation supports $33,430 over five years. Five-year ROI reaches 188.11% and total cumulative return in cash sums $75,453. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,259/mo property income instead of your personal income.
Single Family
Built in 1950
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46959, Miami, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 77 (100%) |
| Owner Occupied HU | 63 (81.8%) |
| Renter Occupied HU | 8 (10.4%) |
| Vacant Housing Units | 6 ( 7.8%) |
| Median Home Value | $267,857 |
| Average Home Value | $362,183 |
Residential
76
Single Family
76
Multi-Family
0
Businesses
4
Date | Event | Price |
|---|---|---|
| 2024-11-07 | Sold | $121,000 |
| 2024-09-27 | Listed for sale | $114,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $157.12 | N/A | $50,200 | -0.99% |
| 2023-11-02 | N/A | N/A | $50,700 | N/A |
| 2022-11-02 | $114.28 | 44.92% | $50,700 | 8.10% |
Listed by: Paige Oyler • Home Town Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202437467
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.
