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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 Elberfeld at 355 W Walnut St, Elberfeld, IN, 47613 earns $302/mo cash flow from $1,503/mo rent with a $979/mo payment. Total monthly income totals $1,503/mo, and annual cash flow totals $3,628/yr on $66,300 capital. ROI tracks 25.38% on current figures, and rental yield reads 9.02% at a $200,000 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 131.99% and total cumulative return in cash sums $87,512. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,503/mo property income instead of your personal income.
Single Family
Built in 1970
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47613, Elberfeld, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,085 (100%) |
| Owner Occupied HU | 910 (83.9%) |
| Renter Occupied HU | 112 (10.3%) |
| Vacant Housing Units | 63 ( 5.8%) |
| Median Home Value | $314,000 |
| Average Home Value | $320,706 |
Residential
1,057
Single Family
1,057
Multi-Family
0
Businesses
59
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kent L Kleiman • FIRST RATE REAL ESTATE
Mls Name: IRMLS
Mls ID: #202547219
