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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 Ramsey at 2423 Ryleigh Circle NW, Ramsey, IN, 47166 listed at $239,900 pairs $1,978/mo rent with a $1,174/mo payment to leave $538/mo cash flow. Total monthly income runs $1,978/mo, and annual cash flow reaches $6,457/yr on $79,527 cash to close. Return on cash invested measures 28.03% in year one, and rental yield registers 9.89% at a $239,900 basis. Equity gained on principal adds $1,548/yr, and annual property appreciation at 5% supports $66,280 by year five. Five-year ROI tracks 146.19% and total cumulative return in cash totals $116,263. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,978/mo property income relative to a $1,174/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2017
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47166, Ramsey, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 546 (100%) |
| Owner Occupied HU | 461 (84.4%) |
| Renter Occupied HU | 74 (13.6%) |
| Vacant Housing Units | 11 ( 2.0%) |
| Median Home Value | $228,611 |
| Average Home Value | $254,778 |
Residential
576
Single Family
576
Multi-Family
0
Businesses
31
Date | Event | Price |
|---|---|---|
| 2025-09-03 | Listed for sale | $239,900 |
| 2019-11-04 | Sold | $172,600 |
| 2019-08-30 | Listed for sale | $175,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-04 | $699.32 | 13.56% | $216,800 | 7.22% |
| 2023-09-04 | $615.80 | -3.04% | $202,200 | 14.24% |
| 2022-09-04 | $635.08 | 29.87% | $177,000 | 0.17% |
Listed by: Jeremy L Ward • Ward Realty Services
Mls Name: SIRA
Mls Provider:
Mls ID: #2025010812
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.
