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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 Elberfeld at 70 N 1st St, Elberfeld, IN, 47613 uses $74,355 cash to close to unlock $11,357/yr annual cash flow and $946/mo monthly cash flow. Total monthly income runs $2,308/mo, and a $1,098/mo payment keeps the spread at $946/mo. Purchase price stands at $224,300, and rental yield measures 12.35% with $2,308/mo rent. Return on cash invested shows 35.18% in year one, and 5% annual appreciation builds toward $61,970 over five years. Five-year ROI reaches 184.62% and total cumulative return in cash records $137,273. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,308/mo property income covering a $1,098/mo payment rather than investor’s personal income.
Single Family
Built in 1890
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47613, Elberfeld, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,085 (100%) |
| Owner Occupied HU | 910 (83.9%) |
| Renter Occupied HU | 112 (10.3%) |
| Vacant Housing Units | 63 ( 5.8%) |
| Median Home Value | $314,000 |
| Average Home Value | $320,706 |
Residential
1,057
Single Family
1,057
Multi-Family
0
Businesses
59
Date | Event | Price |
|---|---|---|
| 2025-08-29 | Listing removed | N/A |
| 2025-08-02 | Pending sale | $269,000 |
| 2025-07-29 | Listed for sale | $269,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-29 | $2041.50 | 6.76% | $106,500 | -4.83% |
| 2023-10-29 | $1912.18 | 2.37% | $111,900 | 6.77% |
| 2022-10-29 | $1868.00 | 4.59% | $104,800 | 12.21% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
