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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 Woodlawn Ave, Aurora, IN, 47001 offers a 7.83% rental yield on a $233,000 purchase with $1,520/mo rent. Total monthly income registers $1,520/mo, and a $1,140/mo payment leaves $122/mo available for distribution. Annual cash flow reaches $1,461/yr on $77,240 to close, and return on cash invested stands at 21.8% in year one. Equity gained on principal adds $1,504/yr while 5% annual appreciation supports $64,374 over five years. Portfolio math shows five-year ROI at 112.73% and total cumulative return in cash at $87,073. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,520/mo property income against a $1,140/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.34 Acres 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 |
|---|---|---|
| 2025-03-26 | Listed for sale | $233,000 |
| 2016-05-12 | Sold | $113,000 |
| 2012-11-01 | Listing removed | $112,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-27 | $1258.00 | 7.89% | $130,300 | 3.58% |
| 2023-03-27 | $1166.00 | 7.76% | $125,800 | 7.89% |
| 2022-03-27 | $1082.00 | N/A | $116,600 | 7.76% |
Listed by: Blake Haag • Keller Williams Realty Service
Mls Name: SEIBR
Mls ID: #204659
Disclaimer: Copyright Southeastern Indiana Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
