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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% |
Rental property for sale in Upland at 266 N 8th St, Upland, IN, 46989 priced at $195,000 pairs $1,408/mo rent with $238/mo cash flow after a $954/mo payment. Total monthly income equals $1,408/mo, and annual cash flow comes to $2,854/yr on $64,643 invested. Return on cash invested is 24.32% in year one, and rental yield stands at 8.66% on a $195,000 basis. Equity gained on principal adds $1,258/yr, and 5% annual appreciation accumulates to $53,875 by year five. Five-year ROI measures 126.27% and total cumulative return in cash reaches $81,622. For financing, Ziffy Mortgage’s DSCR program evaluates $1,408/mo property income against a $954/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1965
1.16 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46989, Upland, IN area.
| 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 |
Residential
1,188
Single Family
1,188
Multi-Family
0
Businesses
74
Date | Event | Price |
|---|---|---|
| 2025-03-12 | Listed for sale | $195,000 |
| 2012-07-16 | Sold | $14,800 |
| 2012-06-16 | Listed for sale | $14,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-14 | $655.14 | -8.34% | $42,900 | N/A |
| 2023-03-14 | $714.72 | -5.18% | $42,900 | N/A |
| 2022-03-14 | $753.74 | 7.82% | $42,900 | N/A |
Listed by: Warren Ross • Point1 Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202507945
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.
