8427 Old 350, Aurora, IN, 47001 | $420/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

8427 Old 350, Aurora, IN, 47001 | $420/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
3312 sft

12930 Phillips Rd, Vevay, IN, 47043

2 Bed
3 Bath
1360 sft

2750 Split Oak Trail Rd, Rising Sun, IN, 47040

3 Bed
2 Bath
1664 sft

8783 S County Road 150 W, Madison, IN, 47250

2 Bed
2 Bath
1200 sft

2514 Dibble Rd, Rising Sun, IN, 47040

Nearby investment properties with comparable prices

3 Bed
2 Bath
1782 sft

1265 Bucks Run Rd, Ghent, KY, 41045

3 Bed
2 Bath
1920 sft

11882 Clovis Pickett Rd, Vevay, IN, 47043

5 Bed
5 Bath
3975 sft

411 Main St, Ghent, KY, 41045

3 Bed
1 Bath
1650 sft

8149 State Road 129, Vevay, IN, 47043

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Aurora at 8427 Old 350, Aurora, IN, 47001 uses $82,842 cash to close to unlock $5,040/yr annual cash flow and $420/mo monthly cash flow. Total monthly income runs $1,920/mo, and a $1,223/mo payment keeps the spread at $420/mo. Purchase price stands at $249,900, and rental yield measures 9.22% with $1,920/mo rent. Return on cash invested shows 25.99% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 135.28% and total cumulative return in cash records $112,070. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,920/mo property income covering a $1,223/mo payment rather than investor’s personal income.

Single Family

Built in 1945

1 Acres lot

$N/A/sqft

No HOA

More details about the property

Cute as a button, this updated home with full basement conveniently located minutes from South Dearborn High School is easy on the eyes. The full renovation in 2017 included HVAC, wiring, plumbing, flooring, bath, kitchen and on and on. The exterior features a large deck, patio and shed for storage. Come see it for yourself.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47001, Aurora, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,472 (100%)
Owner Occupied HU	3,240 (72.5%)
Renter Occupied HU	844 (18.9%)
Vacant Housing Units	388 ( 8.7%)
Median Home Value	$213,898
Average Home Value	$248,906