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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 Berne at 205 W Water St, Berne, IN, 46711 with 5% annual appreciation on a $125,000 basis while $943/mo rent supports operations. Total monthly income totals $943/mo and a $612/mo payment preserves $101/mo for cash returns. Annual cash flow comes to $1,211/yr on $41,438 deployed, and return on cash invested reaches 22.83% in year one. Equity gained on principal adds $807/yr, and five-year appreciation sums $34,535 alongside rental yield of 9.05%. Five-year ROI measures 119.24% and total cumulative return in cash totals $49,409.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $943/mo property income versus a $612/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1942
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46711, Berne, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,889 (100%) |
| Owner Occupied HU | 2,069 (71.6%) |
| Renter Occupied HU | 652 (22.6%) |
| Vacant Housing Units | 168 ( 5.8%) |
| Median Home Value | $220,263 |
| Average Home Value | $290,043 |
Residential
2,870
Single Family
2,566
Multi-Family
304
Businesses
239
Date | Event | Price |
|---|---|---|
| 2025-08-18 | Listed for sale | $125,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-20 | $2136.00 | 8.54% | $113,700 | 6.46% |
| 2023-08-20 | $1968.00 | 9.09% | $106,800 | 8.54% |
| 2022-08-20 | $1804.00 | 5.99% | $98,400 | 9.09% |
Listed by: Robert Green • C21 Advance Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202532848
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.
