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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% |
Rental property for sale in Nineveh at 6655 Gopher Dr, Nineveh, IN, 46164 priced at $650,000 converts $1,950/mo rent into after a $3,181/mo obligation. Total monthly income equals $1,950/mo. Return on cash invested prints 9.1% in year one, and rental yield reads 3.6% against a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation compiles into $179,583 by year five. Five-year ROI reaches 44.6% and total cumulative return in cash sums $95,378. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,950/mo property income covering a $3,181/mo payment, not borrower’s personal income.
Single Family
Built in 1998
1.07 Acres lot
$N/A/sqft
$24 annually 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 |
|---|---|---|
| 2025-03-11 | Listed for sale | $650,000 |
| 2024-10-14 | Listing removed | $3,000 |
| 2023-09-28 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-13 | $4891.00 | 4.79% | $525,700 | 4.74% |
| 2022-03-13 | $4667.28 | 1.38% | $501,900 | 13.78% |
| 2021-03-13 | $4603.56 | 6.73% | $441,100 | 4.82% |
What's Special
Access Only
Listed by: Evan Cast • Mark Dietel Realty, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22026083
Disclaimer: Based on information submitted to the MLS GRID as of 2025-03-13 08:03:36 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
