6634 Us Highway 50, Aurora, IN, 47001 | $700/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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6634 Us Highway 50, Aurora, IN, 47001 | $700/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Aurora at 6634 Us Highway 50, Aurora, IN, 47001 uses $82,842 cash to close to unlock $8,402/yr annual cash flow and $700/mo monthly cash flow. Total monthly income runs $2,292/mo, and a $1,223/mo payment keeps the spread at $700/mo. Purchase price stands at $249,900, and rental yield measures 11.01% with $2,292/mo rent. Return on cash invested shows 30.05% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 157.5% and total cumulative return in cash records $130,478. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,292/mo property income covering a $1,223/mo payment rather than investor’s personal income.

Single Family

Built in 1971

1 Acres lot

$N/A/sqft

No HOA

More details about the property

Wow! You will fall in love with this open concept vinyl ranch home with new updates inside and out! This home is part stick-built and part manufactured (mobile) home. The inside has been re-configured and the kitchen/dining area are completely open and brand new! Move right in with new HVAC,2 new baths, new drywall, new lighting, freshly painted throughout, new water heater, flooring, siding, large covered patio with a new concrete pad and a huge deck! Also includes stainless steel kitchen appliances. The oversized 2-car attached garage has an opener and drywall. This home will require strong conventional financing or cash due to the age of the manufactured portion of the home.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47001, Aurora, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,472 (100%)
Owner Occupied HU	3,240 (72.5%)
Renter Occupied HU	844 (18.9%)
Vacant Housing Units	388 ( 8.7%)
Median Home Value	$213,898
Average Home Value	$248,906