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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% |
Rental property for sale in Andrews at 482 E Jefferson St, Andrews, IN, 46702 priced at $150,000 pairs $1,159/mo rent with $259/mo cash flow after a $734/mo payment. Total monthly income equals $1,159/mo, and annual cash flow comes to $3,105/yr on $49,725 invested. Return on cash invested is 26.15% in year one, and rental yield stands at 9.27% on a $150,000 basis. Equity gained on principal adds $968/yr, and 5% annual appreciation accumulates to $41,442 by year five. Five-year ROI measures 136.12% and total cumulative return in cash reaches $67,686. For financing, Ziffy Mortgage’s DSCR program evaluates $1,159/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
6,337 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46702, Andrews, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 956 (100%) |
| Owner Occupied HU | 708 (74.1%) |
| Renter Occupied HU | 139 (14.5%) |
| Vacant Housing Units | 109 (11.4%) |
| Median Home Value | $245,000 |
| Average Home Value | $276,691 |
Residential
788
Single Family
763
Multi-Family
25
Businesses
35
Date | Event | Price |
|---|---|---|
| 2025-05-30 | Listed for sale | $150,000 |
| 2023-07-31 | Sold | $130,000 |
| 2023-06-23 | Pending sale | $129,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-01 | $1074.00 | 6.87% | $107,400 | N/A |
| 2023-06-01 | $1005.00 | 20.79% | $107,400 | 6.87% |
| 2022-06-01 | $832.00 | 9.04% | $100,500 | 20.79% |
Listed by: Kandi Camomile • Dream Home Designs & Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202520253
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.
