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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 Nineveh at 592 W Fleming Dr, Nineveh, IN, 46164 listed at $219,900 pairs $1,914/mo rent with a $1,076/mo payment to leave $579/mo cash flow. Total monthly income runs $1,914/mo, and annual cash flow reaches $6,951/yr on $72,897 cash to close. Return on cash invested measures 29.44% in year one, and rental yield registers 10.44% at a $219,900 basis. Equity gained on principal adds $1,419/yr, and annual property appreciation at 5% supports $60,754 by year five. Five-year ROI tracks 153.86% and total cumulative return in cash totals $112,156. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,914/mo property income relative to a $1,076/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
9,931 sqft lot
$N/A/sqft
$15 monthly HOA
Neighborhood data shown for ZIP Code: 46164, Nineveh, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,691 (100%) |
| Owner Occupied HU | 1,648 (61.2%) |
| Renter Occupied HU | 150 ( 5.6%) |
| Vacant Housing Units | 893 (33.2%) |
| Median Home Value | $327,011 |
| Average Home Value | $368,879 |
Residential
2,297
Single Family
2,297
Multi-Family
0
Businesses
68
Date | Event | Price |
|---|---|---|
| 2024-12-01 | Listing removed | $259,900 |
| 2024-11-26 | Price change | $264,999 |
| 2024-11-16 | Price change | $265,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-26 | $1216.42 | 12.04% | $177,800 | 13.54% |
| 2023-10-26 | $1085.68 | 14.70% | $156,600 | 13.15% |
| 2022-10-26 | $946.54 | 27.54% | $138,400 | 10.99% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
