102 Mahuron Drive, Salem, IN, 47167 | $606/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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102 Mahuron Drive, Salem, IN, 47167 | $606/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

Investment property for sale in Salem at 102 Mahuron Drive, Salem, IN, 47167 at $215,000 posts ROI 30.11% with $606/mo cash flow from $1,896/mo rent. Total monthly income equals $1,896/mo, and annual cash flow records $7,269/yr on $71,273 to close. Return on cash invested measures 30.11% and rental yield reads 10.58% at the current $215,000. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 by year five. Five-year ROI prints 157.29% and total cumulative return in cash totals $112,105.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,896/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1961

0.31 Acres lot

$N/A/sqft

No HOA

More details about the property

NEED MORE SPACE...This home has plenty, with large rooms and additional living and office areas. The 4 BR 2 BA home has an oversized living room as you enter, as well as a family room with fireplace that opens up to the deck and back yard. The large kitchen area with an abundance of cabinet space adjoins a dedicated dining area. All 4 bedrooms are large with an additional space that could be dedicated to office or more living area. 2 full baths, a laundry/utility room and attached 1 car garage tops it off! Outside, the multi-level shaded deck and fenced yard, creates more space for enjoying time entertaining or relaxing.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47167, Salem, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,825 (100%)
Owner Occupied HU	4,832 (70.8%)
Renter Occupied HU	1,431 (21.0%)
Vacant Housing Units	562 ( 8.2%)
Median Home Value	$184,381
Average Home Value	$231,011