320 11th St, Grandview, IN, 47615 | $435/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

320 11th St, Grandview, IN, 47615 | $435/mo Cash Flow | Ziffy

Pending

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
897 sft

224 Longfellow Dr, Owensboro, KY, 42303

3 Bed
1 Bath
1120 sft

770 Berwyn Ave, Owensboro, KY, 42301

5 Bed
2 Bath
2120 sft

2919 Christie Pl, Owensboro, KY, 42301

5 Bed
3 Bath
2725 sft

950 Dixiana Dr, Owensboro, KY, 42303

Nearby investment properties with comparable prices

3 Bed
1 Bath
1017 sft

1926 Oak Ave, Owensboro, KY, 42303

3 Bed
2 Bath
1468 sft

485 E 250th Rd N, Rockport, IN, 47635

2 Bed
1 Bath
888 sft

3034 Sterling Ct, Owensboro, KY, 42303

3 Bed
2 Bath
1584 sft

671 W Old State Road 45, Rockport, IN, 47635

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

Investment property for sale in Grandview at 320 11th St, Grandview, IN, 47615 offers a 10.58% rental yield on a $155,000 purchase with $1,366/mo rent. Total monthly income registers $1,366/mo, and a $759/mo payment leaves $435/mo available for distribution. Annual cash flow reaches $5,223/yr on $51,383 to close, and return on cash invested stands at 30.07% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,824 over five years. Portfolio math shows five-year ROI at 157.2% and total cumulative return in cash at $80,776. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,366/mo property income against a $759/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 1997

9,016 sqft lot

$N/A/sqft

No HOA

More details about the property

This one-story manufactured home with a basement foundation offers 2 bedrooms, 3 full bathrooms, and a flexible layout in a quiet Grandview location. The main level includes a primary suite with walk-in closet and full bath, a second bedroom, an additional full bath, and a versatile flex room that could serve as an office or extra storage space. The eat-in kitchen features plenty of cabinet storage and connects easily to the main living room. A convenient laundry room is just off the kitchen. The basement includes a large unfinished area with a full bathroom and access to the attached garageoffering space for storage or projects alongside a parking bay. Situated on two parcels with farmland views yet close to downtown, this property blends small-town charm, curb appeal, and everyday convenience.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47615, Grandview, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	657 (100%)
Owner Occupied HU	494 (75.2%)
Renter Occupied HU	98 (14.9%)
Vacant Housing Units	65 ( 9.9%)
Median Home Value	$215,351
Average Home Value	$249,423