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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 Andrews at 718 N Market St, Andrews, IN, 46702 offers a 11.83% rental yield on a $139,969 purchase with $1,380/mo rent. Total monthly income registers $1,380/mo, and a $685/mo payment leaves $540/mo available for distribution. Annual cash flow reaches $6,478/yr on $46,400 to close, and return on cash invested stands at 33.87% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,671 over five years. Portfolio math shows five-year ROI at 177.47% and total cumulative return in cash at $82,345. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,380/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46702, Andrews, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 956 (100%) |
| Owner Occupied HU | 708 (74.1%) |
| Renter Occupied HU | 139 (14.5%) |
| Vacant Housing Units | 109 (11.4%) |
| Median Home Value | $245,000 |
| Average Home Value | $276,691 |
Residential
788
Single Family
763
Multi-Family
25
Businesses
35
Date | Event | Price |
|---|---|---|
| 2025-04-15 | Listed for sale | $139,969 |
| 2016-06-09 | Listing removed | $81,500 |
| 2016-02-02 | Price change | $81,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-17 | $1093.00 | 1.11% | $109,300 | N/A |
| 2023-04-17 | $1081.00 | 20.11% | $109,300 | 1.11% |
| 2022-04-17 | $900.00 | 5.14% | $108,100 | 20.11% |
Listed by: Joel Buzzard • Hoosier Real Estate Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512945
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.
