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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 Hamlet at 7215 N 50 E, Hamlet, IN, 46532 offers a 5.07% rental yield on a $300,000 purchase with $1,267/mo rent. 47% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,884 over five years. Portfolio math shows five-year ROI at 68.09% and total cumulative return in cash at $67,716. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,267/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1931
51.95 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46532, Hamlet, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 792 (100%) |
| Owner Occupied HU | 587 (74.1%) |
| Renter Occupied HU | 146 (18.4%) |
| Vacant Housing Units | 59 ( 7.4%) |
| Median Home Value | $163,750 |
| Average Home Value | $201,116 |
Residential
566
Single Family
566
Multi-Family
0
Businesses
43
Date | Event | Price |
|---|---|---|
| 2025-09-03 | Sold | $300,000 |
| 2025-06-30 | Contingent | $364,900 |
| 2025-05-05 | Listed for sale | $364,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-14 | $775.06 | 3.25% | $107,400 | 14.13% |
| 2023-10-14 | $750.66 | 8.50% | $94,100 | 9.04% |
| 2022-10-14 | $691.84 | -52.79% | $86,300 | 18.54% |
Listed by: Phillip Jordan • McColly Real Estate
Mls Name: NIRA
Mls Provider:
Mls ID: #820146
Disclaimer: Copyright 2025 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. 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.
