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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 Markle at 245 W Logan St, Markle, IN, 46770 earns $403/mo cash flow from $1,303/mo rent with a $734/mo payment. Total monthly income totals $1,303/mo, and annual cash flow totals $4,834/yr on $49,692 capital. ROI tracks 29.64% on current figures, and rental yield reads 10.43% at a $149,900 purchase. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 over five years. Five-year ROI reaches 154.79% and total cumulative return in cash sums $76,919. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,303/mo property income instead of your personal income.
Single Family
Built in 1938
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46770, Markle, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,063 (100%) |
| Owner Occupied HU | 862 (81.1%) |
| Renter Occupied HU | 154 (14.5%) |
| Vacant Housing Units | 47 ( 4.4%) |
| Median Home Value | $245,548 |
| Average Home Value | $351,682 |
Residential
915
Single Family
907
Multi-Family
8
Businesses
78
Date | Event | Price |
|---|---|---|
| 2025-05-09 | Listed for sale | $149,900 |
| 2025-05-07 | Listing removed | $156,000 |
| 2025-03-26 | Price change | $156,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-11 | $781.84 | 22.16% | $107,800 | 13.24% |
| 2023-05-11 | $640.02 | 57.37% | $95,200 | 7.21% |
| 2022-05-11 | $406.70 | 6.38% | $88,800 | 32.34% |
Listed by: Austin Rich • NextHome Elite Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202516821
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.
