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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 Aurora at 408 Hillview Dr, Aurora, IN, 47001 offers a 7.64% rental yield on a $285,000 purchase with $1,814/mo rent. Total monthly income registers $1,814/mo, and a $1,395/mo payment leaves $103/mo available for distribution. Annual cash flow reaches $1,237/yr on $94,478 to close, and return on cash invested stands at 21.22% in year one. Equity gained on principal adds $1,839/yr while 5% annual appreciation supports $78,740 over five years. Portfolio math shows five-year ROI at 109.66% and total cumulative return in cash at $103,602. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,814/mo property income against a $1,395/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47001, Aurora, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,472 (100%) |
| Owner Occupied HU | 3,240 (72.5%) |
| Renter Occupied HU | 844 (18.9%) |
| Vacant Housing Units | 388 ( 8.7%) |
| Median Home Value | $213,898 |
| Average Home Value | $248,906 |
Residential
4,351
Single Family
4,282
Multi-Family
69
Businesses
296
Date | Event | Price |
|---|---|---|
| 2025-08-29 | Sold | $285,000 |
| 2025-07-23 | Listed for sale | $299,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-25 | $1595.00 | 8.50% | $168,100 | 5.39% |
| 2023-10-25 | $1470.00 | 7.93% | $159,500 | 8.50% |
| 2022-10-25 | $1362.00 | N/A | $147,000 | 7.93% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
