102 Spaulding Dr, Scottsburg, IN, 47170 | 5.59% Rental Yield

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102 Spaulding Dr, Scottsburg, IN, 47170 | 5.59% Rental Yield | 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 Scottsburg at 102 Spaulding Dr, Scottsburg, IN, 47170 at $420,000 posts ROI 15.04% with from $1,956/mo rent. Total monthly income equals $1,956/mo. Return on cash invested measures 15.04% and rental yield reads 5.59% at the current $420,000. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,038 by year five. Five-year ROI prints 76.47% and total cumulative return in cash totals $106,471. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,956/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1998

7,102 sqft lot

$N/A/sqft

No HOA

More details about the property

55+ community home with brick surround walls & individual gated home community. Selling our Patio home at Spaulding Square in Scottsburg, IN 47170. Totally remodeled in 2021. 2,242sq ft of Living space. 2 bedroom both with walk-in closet, 2 bath, kitchen, breakfast nook, dining room & living room both with vaulted ceilings & master bedroom with dual his/her closets with utility room off master bathroom. Detached heated 2 car, truck length garage with porch & outside fireplace. For more info call (812) 752-3234

Neighborhood Data

Neighborhood data shown for ZIP Code: 47170, Scottsburg, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,833 (100%)
Owner Occupied HU	4,256 (62.3%)
Renter Occupied HU	1,960 (28.7%)
Vacant Housing Units	617 ( 9.0%)
Median Home Value	$185,872
Average Home Value	$216,799