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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 Grandview at 224 Birch Dr, Grandview, IN, 47615 at $184,900 posts ROI 21.01% with $56/mo cash flow from $1,166/mo rent. Total monthly income equals $1,166/mo, and annual cash flow records $673/yr on $61,294 to close. Return on cash invested measures 21.01% and rental yield reads 7.57% at the current $184,900. Equity gained on principal adds $1,193/yr, and 5% annual appreciation supports $51,084 by year five. Five-year ROI prints 108.57% and total cumulative return in cash totals $66,547.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,166/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47615, Grandview, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 657 (100%) |
| Owner Occupied HU | 494 (75.2%) |
| Renter Occupied HU | 98 (14.9%) |
| Vacant Housing Units | 65 ( 9.9%) |
| Median Home Value | $215,351 |
| Average Home Value | $249,423 |
Residential
602
Single Family
602
Multi-Family
0
Businesses
19
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: Diana Feuerbach • Key Associates of Rockport IN
Mls Name: IRMLS
Mls ID: #202539989
