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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 59 Inman Dr, Ingalls, IN, 46048 uses $66,267 cash to close to unlock $4,853/yr annual cash flow and $404/mo monthly cash flow. Total monthly income runs $1,604/mo, and a $978/mo payment keeps the spread at $404/mo. Purchase price stands at $199,900, and rental yield measures 9.63% with $1,604/mo rent. Return on cash invested shows 27.23% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 141.9% and total cumulative return in cash records $94,033. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,604/mo property income covering a $978/mo payment rather than investor’s personal income.
Manufactured
Built in 2001
9,583 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Michelle Elliott-Tackett • Fathom Realty
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22065079
