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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 Ingalls at 502 N Maple St, Ingalls, IN, 46048 with 5% annual appreciation on a $220,000 basis while $1,598/mo rent supports operations. Total monthly income totals $1,598/mo and a $1,077/mo payment preserves $277/mo for cash returns. Annual cash flow comes to $3,326/yr on $72,930 deployed, and return on cash invested reaches 24.47% in year one. Equity gained on principal adds $1,420/yr, and five-year appreciation sums $60,782 alongside rental yield of 8.72%. Five-year ROI measures 127.12% and total cumulative return in cash totals $92,711.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,598/mo property income versus a $1,077/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1957
5,201 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46048, Ingalls, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 759 (100%) |
| Owner Occupied HU | 603 (79.4%) |
| Renter Occupied HU | 118 (15.5%) |
| Vacant Housing Units | 38 ( 5.0%) |
| Median Home Value | $209,949 |
| Average Home Value | $246,874 |
Residential
700
Single Family
700
Multi-Family
0
Businesses
21
Date | Event | Price |
|---|---|---|
| 2025-04-10 | Price change | $220,000 |
| 2024-12-12 | Price change | $240,000 |
| 2024-10-31 | Listed for sale | $250,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-11 | $350.88 | 11.26% | $71,600 | 9.82% |
| 2023-04-11 | $315.38 | -0.11% | $65,200 | 0.46% |
| 2022-04-11 | $315.74 | -72.40% | $64,900 | 8.53% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
