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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 Roanoke at 3526 E 850th Rd N, Roanoke, IN, 46783 earns from $2,100/mo rent with a $1,774/mo payment. Total monthly income totals $2,100/mo. ROI tracks 19.15% on current figures, and rental yield reads 6.95% at a $362,500 purchase. Equity gained on principal adds $2,339/yr, and 5% annual appreciation supports $100,152 over five years. Five-year ROI reaches 98.57% and total cumulative return in cash sums $118,454. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,100/mo property income instead of your personal income.
Single Family
Built in 2001
2.02 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46783, Roanoke, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,103 (100%) |
| Owner Occupied HU | 2,612 (84.2%) |
| Renter Occupied HU | 312 (10.1%) |
| Vacant Housing Units | 179 ( 5.8%) |
| Median Home Value | $312,289 |
| Average Home Value | $349,443 |
Residential
2,841
Single Family
2,806
Multi-Family
35
Businesses
220
Date | Event | Price |
|---|---|---|
| 2024-11-26 | Sold | $362,500 |
| 2024-10-25 | Pending sale | $374,900 |
| 2024-10-08 | Price change | $374,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Vicki Roy • Keller Williams Realty Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202429132
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.
