








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Aurora at 417 Manchester St, Aurora, IN, 47001 generates $1,372/mo in rent and, after a $881/mo payment, leaves $246/mo in cash flow. Total monthly income is $1,372/mo, and annual cash flow is $2,952/yr on $59,637 invested. Return on cash invested sits at 24.86% in year one, and rental yield is 9.15% on a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 129.56% and total cumulative return in cash sums $77,265. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,372/mo property income rather than buyer’s personal income.
Single Family
Built in 1890
0.25 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 |
|---|---|---|
| 2025-08-14 | Price change | $179,900 |
| 2025-07-18 | Price change | $179,500 |
| 2025-05-10 | Listed for sale | $190,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-15 | $2040.00 | 10.39% | $101,100 | -0.88% |
| 2023-08-15 | $1848.00 | 7.57% | $102,000 | 10.39% |
| 2022-08-15 | $1718.00 | N/A | $92,400 | 7.57% |



Listed by: Claudia Ghelan • Hand In Hand Realty
Mls Name: SEIBR
Mls ID: #205687
Disclaimer: Copyright Southeastern Indiana Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.