9261 E 1061 S, Upland, IN, 46989 | $437/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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9261 E 1061 S, Upland, IN, 46989 | $437/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Upland at 9261 E 1061 S, Upland, IN, 46989 generates $1,818/mo in rent and, after a $1,126/mo payment, leaves $437/mo in cash flow. Total monthly income is $1,818/mo, and annual cash flow is $5,245/yr on $76,245 invested. Return on cash invested sits at 26.79% in year one, and rental yield is 9.49% on a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 139.55% and total cumulative return in cash sums $106,399. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,818/mo property income rather than buyer’s personal income.

Single Family

Built in 2003

1.93 Acres lot

$N/A/sqft

No HOA

More details about the property

If you want country, quiet, privacy, 1.93A's, this house has it all!!! 1,630 sq. ft., 3 beds, 2 baths, at the end of a long lane. Don't worry if the power goes out, this home comes quipped with a newer Whole House Generator, plus a newer Trane Heat Pump with a Polarized Electronic Media Air cleaner. Blue foam was added in crawl space to foundation for additional insulation. Enjoy the comfort of the gas insert fireplace in the 27 x 16 great room. 2 car attached garage. All appliances remain including washer and dryer. This is an ESTATE SALE. To be sold "AS IS"

Neighborhood Data

Neighborhood data shown for ZIP Code: 46989, Upland, IN area.

Housing Distribution

Housing Statistics

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