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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% |
Investment property for sale in Highland at 2819 Eder St, Highland, IN, 46322 at $230,000 posts ROI 35.35% with $981/mo cash flow from $2,362/mo rent. Total monthly income equals $2,362/mo, and annual cash flow records $11,773/yr on $76,245 to close. Return on cash invested measures 35.35% and rental yield reads 12.32% at the current $230,000. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 by year five. Five-year ROI prints 185.46% and total cumulative return in cash totals $141,403.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,362/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46322, Highland, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,588 (100%) |
| Owner Occupied HU | 7,922 (74.8%) |
| Renter Occupied HU | 2,280 (21.5%) |
| Vacant Housing Units | 386 ( 3.6%) |
| Median Home Value | $243,747 |
| Average Home Value | $271,248 |
Residential
10,380
Single Family
8,500
Multi-Family
1,880
Businesses
918
Date | Event | Price |
|---|---|---|
| 2025-04-22 | Sold | $230,000 |
| 2025-02-19 | Pending sale | $239,900 |
| 2025-01-02 | Price change | $239,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-29 | $1825.02 | 1.43% | $195,900 | 3.87% |
| 2023-10-29 | $1799.30 | 10.73% | $188,600 | 2.17% |
| 2022-10-29 | $1624.98 | 11.59% | $184,600 | 12.63% |
Listed by: Joseph Wootan • Listwithfreedom.com Inc
Mls Name: NIRA
Mls Provider:
Mls ID: #810766
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-29 04:57:56 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#185)
