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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 Grandview at 917 Rose Ln, Grandview, IN, 47615 listed at $167,000 pairs $1,260/mo rent with a $817/mo payment to leave $258/mo cash flow. Total monthly income runs $1,260/mo, and annual cash flow reaches $3,095/yr on $55,361 cash to close. Return on cash invested measures 25.5% in year one, and rental yield registers 9.05% at a $167,000 basis. Equity gained on principal adds $1,078/yr, and annual property appreciation at 5% supports $46,139 by year five. Five-year ROI tracks 132.58% and total cumulative return in cash totals $73,395. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,260/mo property income relative to a $817/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2023
8,450 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47615, Grandview, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 657 (100%) |
| Owner Occupied HU | 494 (75.2%) |
| Renter Occupied HU | 98 (14.9%) |
| Vacant Housing Units | 65 ( 9.9%) |
| Median Home Value | $215,351 |
| Average Home Value | $249,423 |
Residential
602
Single Family
602
Multi-Family
0
Businesses
19
Date | Event | Price |
|---|---|---|
| 2025-07-14 | Sold | $167,000 |
| 2025-06-02 | Pending sale | $174,500 |
| 2025-05-05 | Price change | $174,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $36.48 | 2.93% | $130,200 | 7558.82% |
| 2023-10-23 | $35.44 | -11.31% | $1,700 | N/A |
| 2022-10-23 | $39.96 | -56.16% | $1,700 | N/A |
Listed by: Robert Schulte • Key Associates of Rockport IN
Mls Name: IRMLS
Mls Provider:
Mls ID: #202508858
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.
