








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 Berne at 2422 W 700 S, Berne, IN, 46711 listed at $485,000 pairs $1,910/mo rent with a $2,374/mo payment. Total monthly income runs $1,910/mo. Return on cash invested measures 12.43% in year one, and rental yield registers 4.73% at a $485,000 basis. Equity gained on principal adds $3,130/yr, and annual property appreciation at 5% supports $133,997 by year five. Five-year ROI tracks 62.53% and total cumulative return in cash totals $100,526. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,910/mo property income relative to a $2,374/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1973
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46711, Berne, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,889 (100%) |
| Owner Occupied HU | 2,069 (71.6%) |
| Renter Occupied HU | 652 (22.6%) |
| Vacant Housing Units | 168 ( 5.8%) |
| Median Home Value | $220,263 |
| Average Home Value | $290,043 |
Residential
2,870
Single Family
2,566
Multi-Family
304
Businesses
239
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: Magdalen Luginbill • BKM Real Estate
Mls Name: IRMLS
Mls ID: #202532727