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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 Berne at 366 W Compromise St, Berne, IN, 46711 generates $1,706/mo in rent and, after a $1,273/mo payment, leaves $145/mo in cash flow. Total monthly income is $1,706/mo, and annual cash flow is $1,738/yr on $86,190 invested. Return on cash invested sits at 21.93% in year one, and rental yield is 7.87% on a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 113.42% and total cumulative return in cash sums $97,757. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,706/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
7,920 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46711, Berne, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,889 (100%) |
| Owner Occupied HU | 2,069 (71.6%) |
| Renter Occupied HU | 652 (22.6%) |
| Vacant Housing Units | 168 ( 5.8%) |
| Median Home Value | $220,263 |
| Average Home Value | $290,043 |
Residential
2,870
Single Family
2,566
Multi-Family
304
Businesses
239
Date | Event | Price |
|---|---|---|
| 2025-06-20 | Listed for sale | $260,000 |
| 2016-02-11 | Sold | $87,500 |
| 2006-01-06 | Sold | $89,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-23 | $1213.00 | 14.60% | $129,100 | 6.43% |
| 2023-06-23 | $1058.44 | 8.21% | $121,300 | 8.69% |
| 2022-06-23 | $978.10 | 16.28% | $111,600 | 8.88% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
