Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 New Palestine at 3228 S Overlook Pass, New Palestine, IN, 46163 listed at $732,133 pairs $2,274/mo rent with a $3,583/mo payment. Total monthly income runs $2,274/mo. Return on cash invested measures 9.13% in year one, and rental yield registers 3.73% at a $732,133 basis. Equity gained on principal adds $4,724/yr, and annual property appreciation at 5% supports $202,275 by year five. Five-year ROI tracks 44.91% and total cumulative return in cash totals $108,168. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,274/mo property income relative to a $3,583/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
0.30 Acres lot
$N/A/sqft
$73 monthly HOA
Neighborhood data shown for ZIP Code: 46163, New Palestine, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,670 (100%) |
| Owner Occupied HU | 4,772 (84.2%) |
| Renter Occupied HU | 714 (12.6%) |
| Vacant Housing Units | 184 ( 3.2%) |
| Median Home Value | $330,678 |
| Average Home Value | $356,738 |
Residential
5,690
Single Family
5,689
Multi-Family
1
Businesses
283
Date | Event | Price |
|---|---|---|
| 2025-05-03 | Listed for sale | $732,133 |
| 2025-04-18 | Listing removed | $732,133 |
| 2025-04-11 | Listed for sale | $732,133 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Wendy McClellan • BRG Realty Partners
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22031503
Disclaimer: Based on information submitted to the MLS GRID as of 2025-05-06 07:57:38 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
