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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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No similar rental properties found nearby.
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 Elkhart at 23023 County Road 4, Elkhart, IN, 46514 generates $0/mo in rent, after a $489/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -1.8% in year one, and rental yield is 0% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Lot
Built in N/A
3 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46514, Elkhart, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,284 (100%) |
| Owner Occupied HU | 11,774 (64.4%) |
| Renter Occupied HU | 5,434 (29.7%) |
| Vacant Housing Units | 1,076 ( 5.9%) |
| Median Home Value | $219,702 |
| Average Home Value | $252,263 |
Residential
17,694
Single Family
16,264
Multi-Family
1,430
Businesses
1,341
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
Listed by: Brian Wuthrich • Hahn Auctioneers INC
Mls Name: My State MLS
Mls ID: #11350666
