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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 Roanoke at 315 Clark St, Roanoke, IN, 46783 uses $84,533 cash to close to unlock $7,792/yr annual cash flow and $649/mo monthly cash flow. Total monthly income runs $2,180/mo, and a $1,248/mo payment keeps the spread at $649/mo. Purchase price stands at $255,000, and rental yield measures 10.26% with $2,180/mo rent. Return on cash invested shows 29.13% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 152.06% and total cumulative return in cash records $128,540. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,180/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 1987
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46783, Roanoke, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,103 (100%) |
| Owner Occupied HU | 2,612 (84.2%) |
| Renter Occupied HU | 312 (10.1%) |
| Vacant Housing Units | 179 ( 5.8%) |
| Median Home Value | $312,289 |
| Average Home Value | $349,443 |
Residential
2,841
Single Family
2,806
Multi-Family
35
Businesses
220
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: Jim Torres • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls ID: #202537385
