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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 Albany at 226 S Manor Ave, Albany, IN, 47320 at $152,500 posts ROI 22.88% with $125/mo cash flow from $1,040/mo rent. Total monthly income equals $1,040/mo, and annual cash flow records $1,500/yr on $50,554 to close. Return on cash invested measures 22.88% and rental yield reads 8.18% at the current $152,500. Equity gained on principal adds $984/yr, and 5% annual appreciation supports $42,133 by year five. Five-year ROI prints 118.47% and total cumulative return in cash totals $59,891.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,040/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1992
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47320, Albany, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,805 (100%) |
| Owner Occupied HU | 1,321 (73.2%) |
| Renter Occupied HU | 334 (18.5%) |
| Vacant Housing Units | 150 ( 8.3%) |
| Median Home Value | $193,394 |
| Average Home Value | $216,785 |
Residential
1,707
Single Family
1,707
Multi-Family
0
Businesses
90
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: Don Hall • Re/Max Evolve
Mls Name: RLMS
Mls ID: #10051654
