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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 Aurora at 504 Ridge Ave, Aurora, IN, 47001 priced at $205,600 converts $1,700/mo rent into $466/mo cash flow after a $1,006/mo obligation. Total monthly income equals $1,700/mo, and annual cash flow totals $5,593/yr on $68,156 invested. Return on cash invested prints 28.12% in year one, and rental yield reads 9.92% against a $205,600 entry. Equity gained on principal adds $1,327/yr, while 5% annual appreciation compiles into $56,803 by year five. Five-year ROI reaches 146.67% and total cumulative return in cash sums $99,962. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,700/mo property income covering a $1,006/mo payment, not borrower’s personal income.
Single Family
Built in 1960
0.37 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 |
|---|---|---|
| 2025-06-18 | Listing removed | $203,500 |
| 2025-06-03 | Listed for sale | $203,500 |
| 2019-02-09 | Sold | $60,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-10 | $968.84 | 19.65% | $124,300 | 5.25% |
| 2023-10-10 | $809.74 | 24.36% | $118,100 | 8.55% |
| 2022-10-10 | $651.12 | 3.87% | $108,800 | 7.30% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
