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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% |
Rental property for sale in Aurora at 312 Hanover Ave, Aurora, IN, 47001 offers $2,279/mo rent that, after a $1,174/mo payment, leaves $839/mo cash flow. Total monthly income is $2,279/mo, and annual cash flow is $10,069/yr on $79,527 cash. Return on cash invested measures 32.57% in year one, and rental yield stands at 11.4% at a $239,900 entry. Equity gained on principal adds $1,548/yr while 5% annual appreciation compounds into $66,280 by year five. Five-year ROI records 170.55% and total cumulative return in cash reaches $135,631. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,279/mo property income versus a $1,174/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
4,791 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 |
|---|---|---|
| 2025-04-28 | Listed for sale | $239,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-29 | $955.00 | -1.95% | $94,600 | -0.94% |
| 2023-04-29 | $974.00 | -6.35% | $95,500 | -1.95% |
| 2022-04-29 | $1040.00 | N/A | $97,400 | -6.35% |
Listed by: Angela Beck • Exp Realty
Mls Name: SEIBR
Mls ID: #204911
Disclaimer: Copyright Southeastern Indiana Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
