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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 Brook at 409 W Howard St, Brook, IN, 47922 at $139,900 posts ROI 26.87% with $269/mo cash flow from $1,109/mo rent. Total monthly income equals $1,109/mo, and annual cash flow records $3,227/yr on $46,377 to close. Return on cash invested measures 26.87% and rental yield reads 9.51% at the current $139,900. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 by year five. Five-year ROI prints 139.94% and total cumulative return in cash totals $64,899.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,109/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1977
10,798 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47922, Brook, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 626 (100%) |
| Owner Occupied HU | 453 (72.4%) |
| Renter Occupied HU | 115 (18.4%) |
| Vacant Housing Units | 58 ( 9.3%) |
| Median Home Value | $133,152 |
| Average Home Value | $176,788 |
Residential
421
Single Family
421
Multi-Family
0
Businesses
37
Date | Event | Price |
|---|---|---|
| 2024-09-05 | Listed for sale | $139,900 |
| 2022-08-31 | Sold | $124,900 |
| 2022-07-22 | Listed for sale | $124,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $561.28 | 6.10% | $64,500 | -0.15% |
| 2022-10-15 | $529.00 | 28.03% | $64,600 | 8.57% |
| 2021-10-15 | $413.20 | -15.35% | $59,500 | 23.44% |
Listed by: Terri Phegley • Cornerstone Real Estate Agency
Mls Name: NIRA
Mls Provider:
Mls ID: #809649
Disclaimer: Copyright 2024 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. 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.
