Hamilton Hill 3 Plan, Cedar Grove, Roanoke, IN, 46783 | 1.3% Rental Yield

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Hamilton Hill 3 Plan, Cedar Grove, Roanoke, IN, 46783 | 1.3% Rental Yield | Ziffy

For Sale

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NMLS #2625701

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3526 E 850th Rd N, Roanoke, IN, 46783

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

Investment property for sale in Roanoke at Hamilton Hill 3 Plan, Cedar Grove, Roanoke, IN, 46783 at $360,000 posts ROI 2.1% with from $390/mo rent. Total monthly income equals $390/mo. Return on cash invested measures 2.1% and rental yield reads 1.3% at the current $360,000. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,461 by year five. Five-year ROI prints 7.1% and total cumulative return in cash totals $8,469. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $390/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

The Hamilton Hill 3 plan is an open-living concept 2-story home with 4 bedrooms located on the second level. The first level includes a den or flex room located off of the kitchen. The kitchen features L-shaped custom cabinets, a window above the sink, and a island. The great room is spacious for family gatherings. The first level also includes a half bath and laundry room. The second level features a master suite with separate bath and walk-in closet and three additional bedrooms with a separate bath.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46783, Roanoke, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,103 (100%)
Owner Occupied HU	2,612 (84.2%)
Renter Occupied HU	312 (10.1%)
Vacant Housing Units	179 ( 5.8%)
Median Home Value	$312,289
Average Home Value	$349,443