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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 Silver Lake at 803 N Edgewater St, Silver Lake, IN, 46982 at $235,000 posts ROI 23.79% with $252/mo cash flow from $1,751/mo rent. Total monthly income equals $1,751/mo, and annual cash flow records $3,027/yr on $77,903 to close. Return on cash invested measures 23.79% and rental yield reads 8.94% at the current $235,000. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 by year five. Five-year ROI prints 123.96% and total cumulative return in cash totals $96,568.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,751/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1924
7,840 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-08-21 | Sold | $235,000 |
| 2025-08-07 | Pending sale | $227,000 |
| 2025-07-23 | Listed for sale | $227,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $3011.50 | 18.04% | $156,700 | 8.07% |
| 2023-10-24 | $2551.30 | 12.81% | $145,000 | 18.17% |
| 2022-10-24 | $2261.60 | 4.45% | $122,700 | 13.40% |
Listed by: Melody Cusick • Re/Max Partners
Mls Name: IRMLS
Mls Provider:
Mls ID: #202528736
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.
