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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 Aurora at 307 Railroad Ave, Aurora, IN, 47001 offers a 9.13% rental yield on a $195,000 purchase with $1,484/mo rent. Total monthly income registers $1,484/mo, and a $954/mo payment leaves $314/mo available for distribution. Annual cash flow reaches $3,766/yr on $64,643 to close, and return on cash invested stands at 25.74% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Portfolio math shows five-year ROI at 133.84% and total cumulative return in cash at $86,518. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,484/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47001, Aurora, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,472 (100%) |
| Owner Occupied HU | 3,240 (72.5%) |
| Renter Occupied HU | 844 (18.9%) |
| Vacant Housing Units | 388 ( 8.7%) |
| Median Home Value | $213,898 |
| Average Home Value | $248,906 |
Residential
4,351
Single Family
4,282
Multi-Family
69
Businesses
296
Date | Event | Price |
|---|---|---|
| 2025-05-27 | Listed for sale | $195,000 |
| 2009-12-23 | Sold | $22,000 |
| 2009-05-29 | Sold | $35,494 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-28 | $522.04 | 29.76% | $67,400 | 6.98% |
| 2023-05-28 | $402.32 | 9.78% | $63,000 | 8.06% |
| 2022-05-28 | $366.48 | 6.88% | $58,300 | 7.76% |
Listed by: Noah Haring • Lohmiller Real Estate
Mls Name: SEIBR
Mls ID: #205130
Disclaimer: Copyright Southeastern Indiana Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
