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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 267 S Main St, Upland, IN, 46989 priced at $160,000 converts $1,281/mo rent into $321/mo cash flow after a $783/mo obligation. Total monthly income equals $1,281/mo, and annual cash flow totals $3,848/yr on $53,040 invested. Return on cash invested prints 27.16% in year one, and rental yield reads 9.61% against a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,205 by year five. Five-year ROI reaches 141.52% and total cumulative return in cash sums $75,062. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,281/mo property income covering a $783/mo payment, not borrower’s personal income.
Single Family
Built in 1900
1.17 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 |
|---|---|---|
| 2025-04-07 | Listed for sale | $160,000 |
| 2023-01-27 | Sold | $137,000 |
| 2022-11-13 | Price change | $149,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-07 | $974.30 | -52.10% | $135,500 | -3.15% |
| 2023-04-07 | $2034.10 | 1710.99% | $139,900 | 12.37% |
| 2022-04-07 | $112.32 | 168.97% | $124,500 | 10.18% |
What's Special
Storage
Listed by: Tina Coons • RE/MAX Real Estate Groups
Mls Name: IRMLS
Mls Provider:
Mls ID: #202511627
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.
