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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 1932 N 600 W, Andrews, IN, 46702 listed at $699,969 pairs $3,480/mo rent with a $3,426/mo payment. Total monthly income runs $3,480/mo. Return on cash invested measures 16.3% in year one, and rental yield registers 5.97% at a $699,969 basis. Equity gained on principal adds $4,517/yr, and annual property appreciation at 5% supports $193,389 by year five. Five-year ROI tracks 83.21% and total cumulative return in cash totals $191,634. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,480/mo property income relative to a $3,426/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
4.46 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Joel Buzzard • Hoosier Real Estate Group
Mls Name: IRMLS
Mls ID: #202534947
