7649 E 850 S, Amboy, IN, 46911 | 3.98% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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7649 E 850 S, Amboy, IN, 46911 | 3.98% Rental Yield | 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 Amboy at 7649 E 850 S, Amboy, IN, 46911 earns from $1,327/mo rent with a $1,957/mo payment. Total monthly income totals $1,327/mo. ROI tracks 10.19% on current figures, and rental yield reads 3.98% at a $399,900 purchase. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 over five years. Five-year ROI reaches 50.5% and total cumulative return in cash sums $66,944. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,327/mo property income instead of your personal income.

Single Family

Built in 1965

0.82 Acres lot

$N/A/sqft

No HOA

More details about the property

Stunning 3,104 Sq. ft. 4-Bedroom, 2.5-Bathroom Modern Farmhouse on .82 acres. This completely renovated home offers 4 spacious bedrooms, 2.5 baths, and plenty of living space, including two large living areas and a bonus room upstairs. The master suite is on the main level with an ensuite bath and walk-in closet. Upstairs, you'll find three oversized bedrooms. Custom tile work throughout. Updates include all new electrical, all new plumbing, brand new appliances, all new windows, two new furnaces, two new A/C units, a new septic system, new well pump and bladder tank, and a new roof. Just filled the Propane tank! Plus, a 30x48 detached garage/pole barn completes the property.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46911, Amboy, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	564 (100%)
Owner Occupied HU	421 (74.6%)
Renter Occupied HU	76 (13.5%)
Vacant Housing Units	67 (11.9%)
Median Home Value	$250,219
Average Home Value	$300,814