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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 Woodburn at 23567 Harvest Ln, Woodburn, IN, 46797 listed at $284,900 pairs $2,840/mo rent with a $1,394/mo payment to leave $1,130/mo cash flow. Total monthly income runs $2,840/mo, and annual cash flow reaches $13,563/yr on $94,444 cash to close. Return on cash invested measures 34.27% in year one, and rental yield registers 11.96% at a $284,900 basis. Equity gained on principal adds $1,838/yr, and annual property appreciation at 5% supports $78,713 by year five. Five-year ROI tracks 179.63% and total cumulative return in cash totals $169,655. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,840/mo property income relative to a $1,394/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46797, Woodburn, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,519 (100%) |
| Owner Occupied HU | 1,218 (80.2%) |
| Renter Occupied HU | 222 (14.6%) |
| Vacant Housing Units | 79 ( 5.2%) |
| Median Home Value | $276,336 |
| Average Home Value | $325,562 |
Residential
1,327
Single Family
1,295
Multi-Family
32
Businesses
78
Date | Event | Price |
|---|---|---|
| 2025-01-15 | Sold | $284,900 |
| 2024-12-09 | Pending sale | $289,900 |
| 2024-09-20 | Price change | $289,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-01 | $14.56 | N/A | $65,600 | 9271.43% |
| 2023-11-01 | N/A | N/A | $700 | N/A |
Listed by: Marie Edwards • HMS Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202419362
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.
