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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 Elkhart at 54127 Wilson St, Elkhart, IN, 46514 uses $34,145 cash to close to unlock $2,026/yr annual cash flow and $169/mo monthly cash flow. Total monthly income runs $787/mo, and a $504/mo payment keeps the spread at $169/mo. Purchase price stands at $103,000, and rental yield measures 9.17% with $787/mo rent. Return on cash invested shows 25.84% in year one, and 5% annual appreciation builds toward $28,457 over five years. Five-year ROI reaches 134.46% and total cumulative return in cash records $45,910. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $787/mo property income covering a $504/mo payment rather than investor’s personal income.
Single Family
Built in 1971
9,234 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46514, Elkhart, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,284 (100%) |
| Owner Occupied HU | 11,774 (64.4%) |
| Renter Occupied HU | 5,434 (29.7%) |
| Vacant Housing Units | 1,076 ( 5.9%) |
| Median Home Value | $219,702 |
| Average Home Value | $252,263 |
Residential
17,694
Single Family
16,264
Multi-Family
1,430
Businesses
1,341
Date | Event | Price |
|---|---|---|
| 2025-04-15 | Listed for sale | $103,000 |
| 2005-11-09 | Sold | $53,500 |
| 2005-03-17 | Sold | $20,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-16 | $848.98 | 12.09% | $58,900 | 8.67% |
| 2023-04-16 | $757.38 | 9.23% | $54,200 | 13.87% |
| 2022-04-16 | $693.38 | -16.02% | $47,600 | 7.94% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
