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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 Ora at 8553 S Main St, Ora, IN, 46968 listed at $225,000 pairs $1,333/mo rent with a $1,101/mo payment. Total monthly income runs $1,333/mo. Return on cash invested measures 19.63% in year one, and rental yield registers 7.11% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 101.13% and total cumulative return in cash totals $75,429. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,333/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1929
10 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46968, Ora, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 77 (100%) |
| Owner Occupied HU | 48 (62.3%) |
| Renter Occupied HU | 7 ( 9.1%) |
| Vacant Housing Units | 22 (28.6%) |
| Median Home Value | $153,571 |
| Average Home Value | $177,552 |
Residential
47
Single Family
47
Multi-Family
0
Businesses
0
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: John Wampler • RE/MAX 1ST CHOICE REALTORS
Mls Name: IRMLS
Mls ID: #202541882
