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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 Brookston at 409 E 8th St, Brookston, IN, 47923 earns $96/mo cash flow from $1,806/mo rent with a $1,394/mo payment. Total monthly income totals $1,806/mo, and annual cash flow totals $1,155/yr on $94,444 capital. ROI tracks 21.13% on current figures, and rental yield reads 7.61% at a $284,900 purchase. Equity gained on principal adds $1,838/yr, and 5% annual appreciation supports $78,713 over five years. Five-year ROI reaches 109.18% and total cumulative return in cash sums $103,115. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,806/mo property income instead of your personal income.
Single Family
Built in 1998
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47923, Brookston, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,603 (100%) |
| Owner Occupied HU | 1,204 (75.1%) |
| Renter Occupied HU | 249 (15.5%) |
| Vacant Housing Units | 150 ( 9.4%) |
| Median Home Value | $215,726 |
| Average Home Value | $239,797 |
Residential
1,449
Single Family
1,449
Multi-Family
0
Businesses
72
Date | Event | Price |
|---|---|---|
| 2025-05-21 | Listed for sale | $284,900 |
| 2021-03-24 | Listing removed | N/A |
| 2020-11-05 | Sold | $185,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-22 | $1124.58 | -0.21% | $203,000 | 12.22% |
| 2023-05-22 | $1126.98 | 7.43% | $180,900 | 12.15% |
| 2022-05-22 | $1049.04 | 22.04% | $161,300 | 10.03% |
Listed by: Paul Bunch • Keller Williams Lafayette
Mls Name: IRMLS
Mls Provider:
Mls ID: #202518775
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.
