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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 Berne at 705 Lehman St, Berne, IN, 46711 priced at $170,600 pairs $1,685/mo rent with $661/mo cash flow after a $835/mo payment. Total monthly income equals $1,685/mo, and annual cash flow comes to $7,931/yr on $56,554 invested. Return on cash invested is 33.93% in year one, and rental yield stands at 11.85% on a $170,600 basis. Equity gained on principal adds $1,101/yr, and 5% annual appreciation accumulates to $47,134 by year five. Five-year ROI measures 177.8% and total cumulative return in cash reaches $100,553. For financing, Ziffy Mortgage’s DSCR program evaluates $1,685/mo property income against a $835/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1937
8,276 sqft 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 |
|---|---|---|
| 2025-07-15 | Listing removed | $179,900 |
| 2025-06-10 | Price change | $179,900 |
| 2025-05-28 | Price change | $182,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-13 | $1119.40 | 16.71% | $124,000 | 8.01% |
| 2023-10-13 | $959.16 | 25.81% | $114,800 | 9.65% |
| 2022-10-13 | $762.36 | 22.57% | $104,700 | 11.38% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
