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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% |
Rental property for sale in Silver Lake at 207 W Dixie Dr, Silver Lake, IN, 46982 priced at $175,000 converts $1,684/mo rent into $547/mo cash flow after a $857/mo obligation. Total monthly income equals $1,684/mo, and annual cash flow totals $6,569/yr on $58,013 invested. Return on cash invested prints 31.23% in year one, and rental yield reads 11.55% against a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 164% and total cumulative return in cash sums $95,143. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,684/mo property income covering a $857/mo payment, not borrower’s personal income.
Single Family
Built in 1959
1.21 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-11-20 | Sold | $175,000 |
| 2024-09-20 | Listed for sale | $189,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $2479.04 | 9.98% | $128,700 | 9.81% |
| 2023-11-02 | $2254.10 | 159.41% | $117,200 | 12.48% |
| 2022-11-02 | $868.92 | 15.82% | $104,200 | 15.14% |
Listed by: Kerri Patrick • Patton Hall Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202436384
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.
