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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% |
Rental property for sale in Upland at 848 W South St, Upland, IN, 46989 generates $2,418/mo in rent and, after a $1,908/mo payment, leaves $78/mo in cash flow. Total monthly income is $2,418/mo, and annual cash flow is $934/yr on $129,252 invested. Return on cash invested sits at 20.63% in year one, and rental yield is 7.44% on a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 106.47% and total cumulative return in cash sums $137,617. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,418/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46989, Upland, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,539 (100%) |
| Owner Occupied HU | 1,094 (71.1%) |
| Renter Occupied HU | 288 (18.7%) |
| Vacant Housing Units | 157 (10.2%) |
| Median Home Value | $245,909 |
| Average Home Value | $269,321 |
Residential
1,188
Single Family
1,188
Multi-Family
0
Businesses
74
Date | Event | Price |
|---|---|---|
| 2025-08-14 | Listed for sale | $389,900 |
| 2025-08-11 | Listing removed | $389,999 |
| 2025-07-02 | Price change | $389,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
Storage
Listed by: Joe Schroder • RE/MAX Realty One
Mls Name: IRMLS
Mls Provider:
Mls ID: #202532296
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.
