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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% |
Total monthly income runs $0/mo, and a $925/mo payment. Purchase price stands at $189,000, and rental yield measures 0% with $0/mo rent. Return on cash invested shows -1.82% in year one, and 5% annual appreciation builds toward $52,217 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $0/mo property income covering a $925/mo payment rather than investor’s personal income.
Single Family
Built in 1960
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46183, West Newton, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 36 (100%) |
| Owner Occupied HU | 26 (72.2%) |
| Renter Occupied HU | 9 (25.0%) |
| Vacant Housing Units | 1 ( 2.8%) |
| Median Home Value | $257,692 |
| Average Home Value | $242,308 |
Residential
1
Single Family
1
Multi-Family
0
Businesses
22
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
Listed by: Terisa Messmer • Key Realty Indiana
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22058935
