








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 Roanoke at 686 Frederick Xing, Roanoke, IN, 46783 uses $79,527 cash to close to unlock $3,406/yr annual cash flow and $284/mo monthly cash flow. Total monthly income runs $1,730/mo, and a $1,174/mo payment keeps the spread at $284/mo. Purchase price stands at $239,900, and rental yield measures 8.65% with $1,730/mo rent. Return on cash invested shows 24.19% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 125.6% and total cumulative return in cash records $99,883. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,730/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 1994
0.30 Acres lot
$N/A/sqft
$75 annually HOA
Neighborhood data shown for ZIP Code: 46783, Roanoke, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,103 (100%) |
| Owner Occupied HU | 2,612 (84.2%) |
| Renter Occupied HU | 312 (10.1%) |
| Vacant Housing Units | 179 ( 5.8%) |
| Median Home Value | $312,289 |
| Average Home Value | $349,443 |
Residential
2,841
Single Family
2,806
Multi-Family
35
Businesses
220
Date | Event | Price |
|---|---|---|
| 2025-05-30 | Listed for sale | $239,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-02 | $1583.52 | 2.00% | $207,600 | 9.78% |
| 2023-06-02 | $1552.46 | 6.04% | $189,100 | 15.09% |
| 2022-06-02 | $1463.98 | 10.27% | $164,300 | 10.05% |



Listed by: Heather Wolff • CENTURY 21 Bradley Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202520401
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.