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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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No similar rental properties found nearby.
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Berne at 260 S Jefferson St, Berne, IN, 46711 priced at $230,000 converts $0/mo rent into after a $1,126/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -1.82% in year one, and rental yield reads 0% against a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,545 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,126/mo payment, not borrower’s personal income.
Multi Family
Built in 1900
8,712 sqft 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 | ||||
No similar rental properties found nearby.
Listed by: Joel M Griebel • Coldwell Banker Real Estate Gr
Mls Name: IRMLS
Mls ID: #202541044
