








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 Andrews at 2848 N 800 E, Andrews, IN, 46702 offers a 2.75% rental yield on a $1,499,900 purchase with $3,437/mo rent. 62% in year one. Equity gained on principal adds $9,679/yr while 5% annual appreciation supports $414,395 over five years. Portfolio math shows five-year ROI at 31.26% and total cumulative return in cash at $151,900. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,437/mo property income against a $7,341/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
6.35 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46702, Andrews, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 956 (100%) |
| Owner Occupied HU | 708 (74.1%) |
| Renter Occupied HU | 139 (14.5%) |
| Vacant Housing Units | 109 (11.4%) |
| Median Home Value | $245,000 |
| Average Home Value | $276,691 |
Residential
788
Single Family
763
Multi-Family
25
Businesses
35
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Heather Bolton • Agency & Co. Real Estate
Mls Name: IRMLS
Mls ID: #202526722