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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 Converse at 34 Grant Ct, Converse, IN, 46919 earns $447/mo cash flow from $2,796/mo rent with a $1,909/mo payment. Total monthly income totals $2,796/mo, and annual cash flow totals $5,362/yr on $129,285 capital. ROI tracks 24.06% on current figures, and rental yield reads 8.6% at a $390,000 purchase. Equity gained on principal adds $2,517/yr, and 5% annual appreciation supports $107,750 over five years. Five-year ROI reaches 124.86% and total cumulative return in cash sums $161,420. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,796/mo property income instead of your personal income.
Single Family
Built in 2023
0.25 Acres lot
$N/A/sqft
$95 annually HOA
Neighborhood data shown for ZIP Code: 46919, Converse, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 961 (100%) |
| Owner Occupied HU | 676 (70.3%) |
| Renter Occupied HU | 185 (19.3%) |
| Vacant Housing Units | 100 (10.4%) |
| Median Home Value | $196,330 |
| Average Home Value | $273,295 |
Residential
577
Single Family
531
Multi-Family
46
Businesses
42
Date | Event | Price |
|---|---|---|
| 2024-12-30 | Sold | $390,000 |
| 2024-11-27 | Pending sale | $394,787 |
| 2024-11-18 | Price change | $394,787 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | N/A | N/A | $398,400 | N/A |
| 2023-11-02 | N/A | N/A | N/A | N/A |
What's Special
Pull Down Stairs
Listed by: Brenda K Williams • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202333308
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.
