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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 Flora at 303 W Elm St, Flora, IN, 46929 with 5% annual appreciation on a $122,000 basis while $1,436/mo rent supports operations. Total monthly income totals $1,436/mo and a $597/mo payment preserves $704/mo for cash returns. Annual cash flow comes to $8,445/yr on $40,443 deployed, and return on cash invested reaches 40.79% in year one. Equity gained on principal adds $787/yr, and five-year appreciation sums $33,706 alongside rental yield of 14.12%. Five-year ROI measures 214.58% and total cumulative return in cash totals $86,783.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,436/mo property income versus a $597/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1918
17 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46929, Flora, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,414 (100%) |
| Owner Occupied HU | 1,005 (71.1%) |
| Renter Occupied HU | 315 (22.3%) |
| Vacant Housing Units | 94 ( 6.6%) |
| Median Home Value | $183,468 |
| Average Home Value | $226,652 |
Residential
1,365
Single Family
1,274
Multi-Family
91
Businesses
135
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: Bret R Rinehart • Rinehart Real Estate
Mls Name: IRMLS
Mls ID: #202529577
