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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 39 Howard St, Converse, IN, 46919 listed at $341,977 pairs $750/mo rent with a $1,674/mo payment. Total monthly income runs $750/mo. Return on cash invested measures 6.07% in year one, and rental yield registers 2.63% at a $341,977 basis. Equity gained on principal adds $2,207/yr, and annual property appreciation at 5% supports $94,482 by year five. Five-year ROI tracks 28.41% and total cumulative return in cash totals $32,211. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $750/mo property income relative to a $1,674/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
0.38 Acres lot
$N/A/sqft
$50 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 |
|---|---|---|
| 2025-04-21 | Listed for sale | $341,977 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Brenda K Williams • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513730
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.
