265 N Half St, Upland, IN, 46989 | $224/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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265 N Half St, Upland, IN, 46989 | $224/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Rental property for sale in Upland at 265 N Half St, Upland, IN, 46989 offers $1,034/mo rent that, after a $660/mo payment, leaves $224/mo cash flow. Total monthly income is $1,034/mo, and annual cash flow is $2,694/yr on $44,719 cash. Return on cash invested measures 25.93% in year one, and rental yield stands at 9.2% at a $134,900 entry. Equity gained on principal adds $870/yr while 5% annual appreciation compounds into $37,270 by year five. Five-year ROI records 134.96% and total cumulative return in cash reaches $60,353. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,034/mo property income versus a $660/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1930

9,147 sqft lot

$N/A/sqft

No HOA

More details about the property

Charming 3-bedroom home with timeless appeal in the heart of Upland. This 1,346 sq. ft. home offers comfortable living space on a spacious lot. Inside, you'll find a bright living area, a roomy kitchen, and functionality sized bedrooms. The property combines classic character with everyday convenience, making it ideal for first-time buyers, investors, or anyone looking for small-town living. Located near Taylor University and just minutes from local parks, shops, and dining, this home provides both charm and accessibility. The large lot allows plenty of room for outdoor living, gardening, or future expansion. This Upland property is a fantastic opportunity to create the home you've been dreaming of!

Neighborhood Data

Neighborhood data shown for ZIP Code: 46989, Upland, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,539 (100%)
Owner Occupied HU	1,094 (71.1%)
Renter Occupied HU	288 (18.7%)
Vacant Housing Units	157 (10.2%)
Median Home Value	$245,909
Average Home Value	$269,321