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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 Hebron at 559 W Corbly Rd, Hebron, IN, 46341 priced at $275,000 pairs $2,557/mo rent with $906/mo cash flow after a $1,346/mo payment. Total monthly income equals $2,557/mo, and annual cash flow comes to $10,875/yr on $91,163 invested. Return on cash invested is 31.84% in year one, and rental yield stands at 11.16% on a $275,000 basis. Equity gained on principal adds $1,775/yr, and 5% annual appreciation accumulates to $75,977 by year five. Five-year ROI measures 166.59% and total cumulative return in cash reaches $151,871. For financing, Ziffy Mortgage’s DSCR program evaluates $2,557/mo property income against a $1,346/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2002
1.29 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46341, Hebron, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,266 (100%) |
| Owner Occupied HU | 3,527 (82.7%) |
| Renter Occupied HU | 584 (13.7%) |
| Vacant Housing Units | 155 ( 3.6%) |
| Median Home Value | $317,044 |
| Average Home Value | $336,961 |
Residential
3,973
Single Family
3,553
Multi-Family
420
Businesses
133
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Dennis Scherer • Realty Executives Premier
Mls Name: NIRA
Mls ID: #829706
