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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% |
Total monthly income runs $2,287/mo, and a $2,440/mo payment. Purchase price stands at $498,500, and rental yield measures 5.51% with $2,287/mo rent. Return on cash invested shows 14.79% in year one, and 5% annual appreciation builds toward $137,726 over five years. Five-year ROI reaches 75.13% and total cumulative return in cash records $124,157. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,287/mo property income covering a $2,440/mo payment rather than investor’s personal income.
Single Family
Built in 1960
2.89 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47243, Hanover, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,377 (100%) |
| Owner Occupied HU | 1,473 (62.0%) |
| Renter Occupied HU | 636 (26.8%) |
| Vacant Housing Units | 268 (11.3%) |
| Median Home Value | $218,782 |
| Average Home Value | $242,566 |
Residential
2,184
Single Family
2,153
Multi-Family
31
Businesses
96
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: Robin Mingione • eXp Realty, LLC
Mls Name: SIRA
Mls ID: #2025010750
