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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 Colfax at 400 E Franklin St, Colfax, IN, 46035 earns $989/mo cash flow from $1,747/mo rent with a $618/mo payment. Total monthly income totals $1,747/mo, and annual cash flow totals $11,868/yr on $41,868 capital. ROI tracks 48.26% on current figures, and rental yield reads 16.6% at a $126,300 purchase. Equity gained on principal adds $815/yr, and 5% annual appreciation supports $34,894 over five years. Five-year ROI reaches 254.72% and total cumulative return in cash sums $106,649. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,747/mo property income instead of your personal income.
Single Family
Built in 1964
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46035, Colfax, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 476 (100%) |
| Owner Occupied HU | 347 (72.9%) |
| Renter Occupied HU | 95 (20.0%) |
| Vacant Housing Units | 34 ( 7.1%) |
| Median Home Value | $200,556 |
| Average Home Value | $234,705 |
Residential
378
Single Family
378
Multi-Family
0
Businesses
28
Date | Event | Price |
|---|---|---|
| 2025-09-07 | Listing removed | N/A |
| 2025-06-09 | Pending sale | $250,000 |
| 2025-06-06 | Listed for sale | $250,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $1030.00 | 9.93% | $126,300 | 22.62% |
| 2022-10-17 | $937.00 | 43.39% | $103,000 | 9.93% |
| 2021-10-17 | $653.44 | 7.70% | $93,700 | 25.77% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
