827 N 11th StDecaturIN46733
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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
Investment Highlights
Investment property for sale in Decatur at 827 N 11th St, Decatur, IN, 46733 uses $46,410 cash to close to unlock $10,078/yr annual cash flow and $840/mo monthly cash flow. Total monthly income runs $1,680/mo, and a $685/mo payment keeps the spread at $840/mo. Purchase price stands at $140,000, and rental yield measures 14.4% with $1,680/mo rent. Return on cash invested shows 41.62% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 219.08% and total cumulative return in cash records $101,674. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,680/mo property income covering a $685/mo payment rather than investor’s personal income.
Manufactured
Built in 1985
5,662 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 46733, Decatur, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,091 (100%) |
| Owner Occupied HU | 5,906 (73.0%) |
| Renter Occupied HU | 1,700 (21.0%) |
| Vacant Housing Units | 485 ( 6.0%) |
| Median Home Value | $216,630 |
| Average Home Value | $273,796 |
Housing Distribution
Address Breakdown
Residential
7,603
Single Family
7,462
Multi-Family
141
Businesses
584
Price History
Date | Event | Price |
|---|---|---|
| 2025-06-27 | Sold | $140,000 |
| 2025-06-05 | Pending sale | $139,900 |
| 2025-06-01 | Listed for sale | $139,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Facts & Features
General Information
- Type: MobileManufactured
- Year Built: 1985
- Architectural Style: N/A
- Building Area: 1,120
- Living Area: 1,120 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Natural Gas, Forced Air
- Cooling: Central Air
- Flooring: Carpet, Laminate
- Interior Features: 1st Bdrm En Suite, Eat-in Kitchen, Tub/Shower Combination
- Exterior Features: N/A
- Parking Features: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: City
- Water Source: City
- Road Surface Type: N/A
School Information
- Elementary School: Bellmont
- Middle School: Bellmont
- High School: Bellmont
Listed by: Maria Geiger • Morken Real Estate Services, Inc.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202520521
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.