Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Alexandria at 404 E Monroe St, Alexandria, IN, 46001 at $199,900 posts ROI 22.09% with $120/mo cash flow from $1,320/mo rent. Total monthly income equals $1,320/mo, and annual cash flow records $1,445/yr on $66,267 to close. Return on cash invested measures 22.09% and rental yield reads 7.92% at the current $199,900. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 by year five. Five-year ROI prints 114.34% and total cumulative return in cash totals $75,769.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,320/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1899
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46001, Alexandria, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,069 (100%) |
| Owner Occupied HU | 3,388 (66.8%) |
| Renter Occupied HU | 1,108 (21.9%) |
| Vacant Housing Units | 573 (11.3%) |
| Median Home Value | $178,912 |
| Average Home Value | $205,941 |
Residential
4,471
Single Family
4,461
Multi-Family
10
Businesses
216
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: Robert Gaard • No Limit Real Estate, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22049622
