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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 Berne at 664 Columbia St, Berne, IN, 46711 earns $1,032/mo cash flow from $2,262/mo rent with a $1,003/mo payment. Total monthly income totals $2,262/mo, and annual cash flow totals $12,381/yr on $67,958 capital. ROI tracks 38.13% on current figures, and rental yield reads 13.24% at a $205,000 purchase. Equity gained on principal adds $1,323/yr, and 5% annual appreciation supports $56,638 over five years. Five-year ROI reaches 200.3% and total cumulative return in cash sums $136,122. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,262/mo property income instead of your personal income.
Single Family
Built in 1937
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46711, Berne, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,889 (100%) |
| Owner Occupied HU | 2,069 (71.6%) |
| Renter Occupied HU | 652 (22.6%) |
| Vacant Housing Units | 168 ( 5.8%) |
| Median Home Value | $220,263 |
| Average Home Value | $290,043 |
Residential
2,870
Single Family
2,566
Multi-Family
304
Businesses
239
Date | Event | Price |
|---|---|---|
| 2025-07-17 | Sold | $205,000 |
| 2025-06-09 | Listed for sale | $205,000 |
| 2017-07-19 | Sold | $64,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-20 | $1206.12 | 22.24% | $128,100 | 6.04% |
| 2023-10-20 | $986.68 | 8.05% | $120,800 | 8.15% |
| 2022-10-20 | $913.20 | 16.27% | $111,700 | 8.13% |
Listed by: Amie Sprunger • Heartland Auction & Realty,Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202521787
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.
