723 W Indiana Ave, Upland, IN, 46989 | $766/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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723 W Indiana Ave, Upland, IN, 46989 | $766/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Upland at 723 W Indiana Ave, Upland, IN, 46989 uses $69,449 cash to close to unlock $9,190/yr annual cash flow and $766/mo monthly cash flow. Total monthly income runs $2,023/mo, and a $1,025/mo payment keeps the spread at $766/mo. Purchase price stands at $209,500, and rental yield measures 11.59% with $2,023/mo rent. Return on cash invested shows 33.14% in year one, and 5% annual appreciation builds toward $57,881 over five years. Five-year ROI reaches 173.55% and total cumulative return in cash records $120,531. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,023/mo property income covering a $1,025/mo payment rather than investor’s personal income.

Single Family

Built in 1976

0.44 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome home to this roomy 3-bedroom, 2-bath, 1960 sqft ranch perfectly situated on three lots! This home offers plenty of living space with a bright living room, inviting family room with cozy fireplace and vaulted ceiling, and a large recreation room with tiled floor. The primary suite features a dressing area, two double closets, and a private full bath. All appliances remain. Step outside to enjoy the oversized covered porch and patio ideal for entertaining or relaxing. Storage shed. The attached 2-car garage with epoxy flooring adds the finishing touch.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46989, Upland, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,539 (100%)
Owner Occupied HU	1,094 (71.1%)
Renter Occupied HU	288 (18.7%)
Vacant Housing Units	157 (10.2%)
Median Home Value	$245,909
Average Home Value	$269,321