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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 Grandview at 621 W 8th St, Grandview, IN, 47615 earns $408/mo cash flow from $1,669/mo rent with a $1,028/mo payment. Total monthly income totals $1,669/mo, and annual cash flow totals $4,899/yr on $69,615 capital. ROI tracks 26.95% on current figures, and rental yield reads 9.54% at a $210,000 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 140.37% and total cumulative return in cash sums $97,720. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,669/mo property income instead of your personal income.
Single Family
Built in 1966
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47615, Grandview, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 657 (100%) |
| Owner Occupied HU | 494 (75.2%) |
| Renter Occupied HU | 98 (14.9%) |
| Vacant Housing Units | 65 ( 9.9%) |
| Median Home Value | $215,351 |
| Average Home Value | $249,423 |
Residential
602
Single Family
602
Multi-Family
0
Businesses
19
Date | Event | Price |
|---|---|---|
| 2025-09-15 | Sold | $210,000 |
| 2025-08-04 | Pending sale | $209,900 |
| 2025-07-29 | Listed for sale | $209,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-29 | $251.96 | -1.85% | $131,900 | -0.98% |
| 2023-10-29 | $256.72 | N/A | $133,200 | 3.02% |
| 2022-10-29 | N/A | N/A | $129,300 | 47.10% |
Listed by: Robert Schulte • Key Associates of Rockport IN
Mls Name: IRMLS
Mls Provider:
Mls ID: #202529682
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
