








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 Bluffton at 624 W Cherry St, Bluffton, IN, 46714 uses $66,300 cash to close to unlock $7,744/yr annual cash flow and $645/mo monthly cash flow. Total monthly income runs $1,846/mo, and a $979/mo payment keeps the spread at $645/mo. Purchase price stands at $200,000, and rental yield measures 11.08% with $1,846/mo rent. Return on cash invested shows 31.59% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 165.28% and total cumulative return in cash records $109,580. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,846/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46714, Bluffton, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,868 (100%) |
| Owner Occupied HU | 4,405 (64.1%) |
| Renter Occupied HU | 1,952 (28.4%) |
| Vacant Housing Units | 511 ( 7.4%) |
| Median Home Value | $192,431 |
| Average Home Value | $229,887 |
Residential
6,622
Single Family
6,327
Multi-Family
295
Businesses
576
Date | Event | Price |
|---|---|---|
| 2025-04-15 | Listed for sale | $200,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-16 | $1556.36 | 21.38% | $217,000 | 8.55% |
| 2023-04-16 | $1282.18 | 13.63% | $199,900 | 12.62% |
| 2022-04-16 | $1128.42 | 34.25% | $177,500 | 10.94% |



What's Special
Storage
Listed by: Jody M Holloway • Coldwell Banker Holloway
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512837
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.