








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 Geneva at 250 S Main St, Geneva, IN, 46740 at $140,000 posts ROI 49.67% with $1,151/mo cash flow from $1,991/mo rent. Total monthly income equals $1,991/mo, and annual cash flow records $13,810/yr on $46,410 to close. Return on cash invested measures 49.67% and rental yield reads 17.07% at the current $140,000. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 by year five. Five-year ROI prints 262.18% and total cumulative return in cash totals $121,678.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,991/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1894
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46740, Geneva, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,394 (100%) |
| Owner Occupied HU | 1,041 (74.7%) |
| Renter Occupied HU | 252 (18.1%) |
| Vacant Housing Units | 101 ( 7.2%) |
| Median Home Value | $231,954 |
| Average Home Value | $290,639 |
Residential
1,120
Single Family
1,080
Multi-Family
40
Businesses
56
Date | Event | Price |
|---|---|---|
| 2024-11-01 | Sold | $140,000 |
| 2024-09-30 | Price change | $149,900 |
| 2024-09-28 | Price change | $159,800 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-01 | $619.00 | 36.42% | $76,500 | -0.91% |
| 2023-11-01 | $453.76 | 2.11% | $77,200 | 2.39% |
| 2022-11-01 | $444.40 | 5.44% | $75,400 | 8.02% |



Listed by: Derek Pearson • Perfect Location Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202437044
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.