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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 New Haven at 718 Center St, New Haven, IN, 46774 uses $38,123 cash to close to unlock $2,574/yr annual cash flow and $215/mo monthly cash flow. Total monthly income runs $905/mo, and a $563/mo payment keeps the spread at $215/mo. Purchase price stands at $115,000, and rental yield measures 9.44% with $905/mo rent. Return on cash invested shows 26.66% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 138.87% and total cumulative return in cash records $52,941. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $905/mo property income covering a $563/mo payment rather than investor’s personal income.
Single Family
Built in 1916
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46774, New Haven, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,456 (100%) |
| Owner Occupied HU | 5,717 (76.7%) |
| Renter Occupied HU | 1,485 (19.9%) |
| Vacant Housing Units | 254 ( 3.4%) |
| Median Home Value | $214,229 |
| Average Home Value | $251,615 |
Residential
7,319
Single Family
7,319
Multi-Family
0
Businesses
419
Date | Event | Price |
|---|---|---|
| 2025-05-28 | Listed for sale | $115,000 |
| 2019-12-06 | Sold | $65,000 |
| 2019-07-23 | Listed for sale | $65,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-29 | $718.24 | 29.82% | $104,800 | 4.17% |
| 2023-05-29 | $553.24 | 11.00% | $100,600 | 16.30% |
| 2022-05-29 | $498.40 | 26.41% | $86,500 | 8.13% |
Listed by: Joshua Vida • Paradigm Realty Solutions
Mls Name: IRMLS
Mls Provider:
Mls ID: #202519781
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.
