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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 Spencer at 827 Maple Dr, Spencer, IN, 47460 earns $1,291/mo cash flow from $2,435/mo rent with a $920/mo payment. Total monthly income totals $2,435/mo, and annual cash flow totals $15,495/yr on $62,322 capital. ROI tracks 44.77% on current figures, and rental yield reads 15.54% at a $188,000 purchase. Equity gained on principal adds $1,213/yr, and 5% annual appreciation supports $51,941 over five years. Five-year ROI reaches 236.08% and total cumulative return in cash sums $147,128. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,435/mo property income instead of your personal income.
Single Family
Built in 1976
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47460, Spencer, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,190 (100%) |
| Owner Occupied HU | 3,784 (72.9%) |
| Renter Occupied HU | 949 (18.3%) |
| Vacant Housing Units | 457 ( 8.8%) |
| Median Home Value | $187,057 |
| Average Home Value | $214,772 |
Residential
4,901
Single Family
4,899
Multi-Family
2
Businesses
417
Date | Event | Price |
|---|---|---|
| 2025-06-17 | Listing removed | N/A |
| 2025-05-29 | Pending sale | $294,500 |
| 2025-05-16 | Listed for sale | $294,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-31 | $1744.00 | 35.83% | $188,000 | 7.80% |
| 2023-10-31 | $1284.00 | -12.47% | $174,400 | 35.83% |
| 2022-10-31 | $1467.00 | 7.32% | $128,400 | -12.47% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
