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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 Decatur at 2410 W Deerfield Ct, Decatur, IN, 46733 uses $93,566 cash to close to unlock $1,394/yr annual cash flow and $116/mo monthly cash flow. Total monthly income runs $1,810/mo, and a $1,381/mo payment keeps the spread at $116/mo. Purchase price stands at $282,250, and rental yield measures 7.7% with $1,810/mo rent. Return on cash invested shows 21.4% in year one, and 5% annual appreciation builds toward $77,980 over five years. Five-year ROI reaches 110.62% and total cumulative return in cash records $103,507. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,810/mo property income covering a $1,381/mo payment rather than investor’s personal income.
Condo
Built in 2003
3,008 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46733, Decatur, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,091 (100%) |
| Owner Occupied HU | 5,906 (73.0%) |
| Renter Occupied HU | 1,700 (21.0%) |
| Vacant Housing Units | 485 ( 6.0%) |
| Median Home Value | $216,630 |
| Average Home Value | $273,796 |
Residential
7,603
Single Family
7,462
Multi-Family
141
Businesses
584
Date | Event | Price |
|---|---|---|
| 2025-07-09 | Sold | $282,250 |
| 2025-06-09 | Pending sale | $289,500 |
| 2025-06-03 | Listed for sale | $289,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-11 | $1323.68 | 2.00% | $205,700 | 6.25% |
| 2023-10-11 | $1297.74 | 2.00% | $193,600 | 8.22% |
| 2022-10-11 | $1272.28 | 2.00% | $178,900 | 8.56% |
Listed by: Missy J Burkhalter • Prestige Realty & Associates LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202520816
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.
