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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 Mishawaka at 330 W Lawrence St, Mishawaka, IN, 46545 generates $2,063/mo in rent and, after a $591/mo payment, leaves $1,300/mo in cash flow. Total monthly income is $2,063/mo, and annual cash flow is $15,602/yr on $40,045 invested. Return on cash invested sits at 58.87% in year one, and rental yield is 20.49% on a $120,800 entry. Equity gained on principal adds $780/yr, while 5% annual appreciation builds toward $33,375 over five years. Five-year ROI reaches 312.02% and total cumulative return in cash sums $124,950. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,063/mo property income rather than buyer’s personal income.
Single Family
Built in 1899
7,656 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46545, Mishawaka, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,875 (100%) |
| Owner Occupied HU | 5,878 (45.7%) |
| Renter Occupied HU | 6,229 (48.4%) |
| Vacant Housing Units | 768 ( 6.0%) |
| Median Home Value | $216,798 |
| Average Home Value | $272,129 |
Residential
12,564
Single Family
8,202
Multi-Family
4,362
Businesses
1,316
Date | Event | Price |
|---|---|---|
| 2025-07-16 | Listing removed | $123,000 |
| 2025-06-26 | Price change | $123,000 |
| 2025-06-19 | Price change | $133,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-08 | $1458.50 | -2.34% | $120,800 | -1.47% |
| 2023-10-08 | $1493.50 | 37.55% | $122,600 | -0.41% |
| 2022-10-08 | $1085.78 | 59.87% | $123,100 | 36.47% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
