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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 Wheatfield at 288 E High St, Wheatfield, IN, 46392 earns $712/mo cash flow from $2,092/mo rent with a $1,125/mo payment. Total monthly income totals $2,092/mo, and annual cash flow totals $8,546/yr on $76,212 capital. ROI tracks 31.12% on current figures, and rental yield reads 10.92% at a $229,900 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,517 over five years. Five-year ROI reaches 162.78% and total cumulative return in cash sums $124,055. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,092/mo property income instead of your personal income.
Single Family
Built in 1981
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46392, Wheatfield, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,357 (100%) |
| Owner Occupied HU | 2,717 (80.9%) |
| Renter Occupied HU | 515 (15.3%) |
| Vacant Housing Units | 125 ( 3.7%) |
| Median Home Value | $247,317 |
| Average Home Value | $281,088 |
Residential
3,109
Single Family
3,109
Multi-Family
0
Businesses
85
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: Daniel Walstra • Countryside Realty
Mls Name: NIRA
Mls ID: #831969
