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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 Wheatfield at 8935 N 400 W, Wheatfield, IN, 46392 uses $120,964 cash to close to unlock $12,475/yr annual cash flow and $1,040/mo monthly cash flow. Total monthly income runs $3,230/mo, and a $1,786/mo payment keeps the spread at $1,040/mo. Purchase price stands at $364,900, and rental yield measures 10.62% with $3,230/mo rent. Return on cash invested shows 30.22% in year one, and 5% annual appreciation builds toward $100,815 over five years. Five-year ROI reaches 157.9% and total cumulative return in cash records $191,004. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,230/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Single Family
Built in 2003
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46392, Wheatfield, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,357 (100%) |
| Owner Occupied HU | 2,717 (80.9%) |
| Renter Occupied HU | 515 (15.3%) |
| Vacant Housing Units | 125 ( 3.7%) |
| Median Home Value | $247,317 |
| Average Home Value | $281,088 |
Residential
3,109
Single Family
3,109
Multi-Family
0
Businesses
85
Date | Event | Price |
|---|---|---|
| 2025-04-10 | Listed for sale | $364,900 |
| 2006-10-16 | Sold | $169,900 |
| 2004-12-28 | Sold | $149,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-11 | $973.26 | -6.46% | $240,700 | 7.74% |
| 2023-04-11 | $1040.42 | 7.10% | $223,400 | 6.89% |
| 2022-04-11 | $971.44 | -2.27% | $209,000 | 9.83% |
Listed by: Melissa Capellari • Coldwell Banker Real Estate Gr
Mls Name: NIRA
Mls Provider:
Mls ID: #818815
Disclaimer: Copyright 2025 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. 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.
