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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 Silver Lake at 3693 W 1300 N, Silver Lake, IN, 46982 offers a 5.11% rental yield on a $409,900 purchase with $1,747/mo rent. 61% in year one. Equity gained on principal adds $2,645/yr while 5% annual appreciation supports $113,248 over five years. Portfolio math shows five-year ROI at 68.82% and total cumulative return in cash at $93,508. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,747/mo property income against a $2,006/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
3.62 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-04-15 | Listed for sale | $409,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-16 | $1948.26 | -0.85% | $258,100 | -14.02% |
| 2023-04-16 | $1965.06 | 20.00% | $300,200 | 10.45% |
| 2022-04-16 | $1637.52 | 2.10% | $271,800 | 11.94% |
What's Special
Storage
Listed by: Keli Cordill • Tri Oaks Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512881
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.
