281 W Taylor Ave, Upland, IN, 46989 | $486/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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281 W Taylor Ave, Upland, IN, 46989 | $486/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 281 W Taylor Ave, Upland, IN, 46989 offers $1,981/mo rent that, after a $1,219/mo payment, leaves $486/mo cash flow. Total monthly income is $1,981/mo, and annual cash flow is $5,832/yr on $82,544 cash. Return on cash invested measures 26.97% in year one, and rental yield stands at 9.55% at a $249,000 entry. Equity gained on principal adds $1,607/yr while 5% annual appreciation compounds into $68,794 by year five. Five-year ROI records 140.53% and total cumulative return in cash reaches $116,000. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,981/mo property income versus a $1,219/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1956

0.30 Acres lot

$N/A/sqft

No HOA

More details about the property

4 bed, 3 bath, 1763 sq. ft. home on a beautiful corner lot, 3 blocks from Taylor U.. Nestled in a quiet neighborhood located close to campus, walking trails, school activities, churches, IVANHOES, and grocery store. Built-in shelving, new roof, Heating and Cooling, kitchen, plumbing, sump pump, carpet and tile flooring, some new paint are a few of the improvements recently made. Open deck in backyard. The 2 car detached garage, next to the home that measures 24x24 with new drywall was converted to a Kids Cave. 1 car detached garage. Great home. Don't miss out on this one!

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