314 W Lakeview Dr, Nineveh, IN, 46164 | $212/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

314 W Lakeview Dr, Nineveh, IN, 46164 | $212/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Motivated Seller

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
3 Bath
4910 sft

8968 Old Haggard Rd, Morgantown, IN, 46160

2 Bed
2 Bath
1600 sft

8584 Old Haggard Rd, Morgantown, IN, 46160

1 Bed
5 Bath
8500 sft

0 Richards Rd, Morgantown, IN, 46160

3 Bed
2 Bath
1152 sft

9067 Old Haggard Rd, Morgantown, IN, 46160

Nearby investment properties with comparable prices

3 Bed
2 Bath
1456 sft

6645 Buffalo Dr, Nineveh, IN, 46164

3 Bed
1 Bath
800 sft

1589 W Shore Dr, Nashville, IN, 47448

Investment Property+ 1 more

2 Bed
1 Bath
748 sft

240 Tuck A Way Ridge Dr, Nashville, IN, 47448

Investment Property+ 2 more

3 Bed
1 Bath
960 sft

6515 N Netha Ct, Bloomington, IN, 47408

Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

Explore more listings using simple english

Investment Highlights

Rental property for sale in Nineveh at 314 W Lakeview Dr, Nineveh, IN, 46164 priced at $115,000 pairs $902/mo rent with $212/mo cash flow after a $563/mo payment. Total monthly income equals $902/mo, and annual cash flow comes to $2,538/yr on $38,123 invested. Return on cash invested is 26.57% in year one, and rental yield stands at 9.41% on a $115,000 basis. Equity gained on principal adds $742/yr, and 5% annual appreciation accumulates to $31,772 by year five. Five-year ROI measures 138.37% and total cumulative return in cash reaches $52,749. For financing, Ziffy Mortgage’s DSCR program evaluates $902/mo property income against a $563/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1965

8,712 sqft lot

$N/A/sqft

No HOA

More details about the property

Rare opportunity to own a prime waterfront property in Prince's Lakes! Bring your toolbelt and your vision board-because this hillside waterfront property is begging for a glow-up! Overlooking beautiful North Lake with direct water access, this lot comes with a gently sloping hillside and nearly 60 feet of shoreline. It's brimming with potential for the creative. Think of it as a blank canvas: renovate what's here or start fresh with new construction and design the lake retreat of your dreams. You'll also find an oversized garage (already plumbed for a bathroom and wired for fiber internet-yes, even lake life can have lightning-fast WiFi!) and a private dock just waiting for some TLC. Imagine coffee on your future deck while the sun rises over the water, weekends spent boating, and nights gathered around a fire pit as the hillside glows in the sunset. This isn't just a property, it's an opportunity to build the kind of lake life people daydream about. It's fixer-upper meets forever-getaway-are you ready to make it yours? All visitors to the property must sign the Hold Harmless agreement in the supplements before showings will be approved. No tax exemptions in place. No HOA but a Lake Conservancy fee is included in the taxes. Utilities are present at the house and garage, SCI fiber was installed at the garage in 2001. All utilities are currently disconnected. Cash only, property sold as-is.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46164, Nineveh, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,691 (100%)
Owner Occupied HU	1,648 (61.2%)
Renter Occupied HU	150 ( 5.6%)
Vacant Housing Units	893 (33.2%)
Median Home Value	$327,011
Average Home Value	$368,879