








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 Hebron at 469 W 900 S, Hebron, IN, 46341 generates $2,077/mo in rent and, after a $1,370/mo payment, leaves $397/mo in cash flow. Total monthly income is $2,077/mo, and annual cash flow is $4,761/yr on $92,787 invested. Return on cash invested sits at 25.04% in year one, and rental yield is 8.9% on a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 130.12% and total cumulative return in cash sums $120,733. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,077/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46341, Hebron, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,266 (100%) |
| Owner Occupied HU | 3,527 (82.7%) |
| Renter Occupied HU | 584 (13.7%) |
| Vacant Housing Units | 155 ( 3.6%) |
| Median Home Value | $317,044 |
| Average Home Value | $336,961 |
Residential
3,973
Single Family
3,553
Multi-Family
420
Businesses
133
Date | Event | Price |
|---|---|---|
| 2025-05-24 | Listed for sale | $279,900 |
| 2025-04-23 | Listing removed | N/A |
| 2025-02-28 | Listed for sale | $265,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-27 | $1790.44 | -9.78% | $191,000 | -3.68% |
| 2023-05-27 | $1984.60 | 9.53% | $198,300 | 3.23% |
| 2022-05-27 | $1811.96 | 11.81% | $192,100 | 18.87% |



Listed by: Lindsay Phelan • RE/MAX Executives
Mls Name: NIRA
Mls Provider:
Mls ID: #821345
Disclaimer: Copyright 2025 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.