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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 Flora at 317 W Maple St, Flora, IN, 46929 offers $1,645/mo rent that, after a $979/mo payment, leaves $444/mo cash flow. Total monthly income is $1,645/mo, and annual cash flow is $5,333/yr on $66,283 cash. Return on cash invested measures 27.95% in year one, and rental yield stands at 9.87% at a $199,950 entry. Equity gained on principal adds $1,290/yr while 5% annual appreciation compounds into $55,243 by year five. Five-year ROI records 145.8% and total cumulative return in cash reaches $96,640. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,645/mo property income versus a $979/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46929, Flora, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,414 (100%) |
| Owner Occupied HU | 1,005 (71.1%) |
| Renter Occupied HU | 315 (22.3%) |
| Vacant Housing Units | 94 ( 6.6%) |
| Median Home Value | $183,468 |
| Average Home Value | $226,652 |
Residential
1,365
Single Family
1,274
Multi-Family
91
Businesses
135
Date | Event | Price |
|---|---|---|
| 2025-03-31 | Listed for sale | $199,950 |
| 2021-05-13 | Sold | $142,000 |
| 2021-04-07 | Pending sale | $147,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-31 | $862.92 | 8.43% | $131,800 | 14.51% |
| 2023-03-31 | $795.86 | 18.61% | $115,100 | 11.96% |
| 2022-03-31 | $671.00 | -11.15% | $102,800 | 15.51% |
Listed by: Joan Abbott • Joan Abbott Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510311
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
