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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 Aurora at 504 Hanover Ave, Aurora, IN, 47001 at $289,500 posts ROI 20.86% with $76/mo cash flow from $1,814/mo rent. Total monthly income equals $1,814/mo, and annual cash flow records $914/yr on $95,969 to close. Return on cash invested measures 20.86% and rental yield reads 7.52% at the current $289,500. Equity gained on principal adds $1,868/yr, and 5% annual appreciation supports $79,984 by year five. Five-year ROI prints 107.74% and total cumulative return in cash totals $103,395.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,814/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
10,105 sqft 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 |
|---|---|---|
| 2025-07-02 | Listed for sale | $289,500 |
| 2016-10-29 | Listing removed | $46,200 |
| 2016-10-22 | Price change | $46,200 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-04 | $1820.00 | -1.83% | $90,000 | -1.10% |
| 2023-07-04 | $1854.00 | -6.46% | $91,000 | -1.83% |
| 2022-07-04 | $1982.00 | N/A | $92,700 | -6.46% |
Listed by: Pamela J. Ginder • RE/MAX Advantage 1
Mls Name: SEIBR
Mls ID: #205318
Disclaimer: Copyright Southeastern Indiana Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
