114 E Saint Joe RoadSellersburgIN47172
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment Highlights
Investment property for sale in Sellersburg at 114 E Saint Joe Road, Sellersburg, IN, 47172 uses $43,062 cash to close to unlock $3,108/yr annual cash flow and $259/mo monthly cash flow. Total monthly income runs $1,039/mo, and a $636/mo payment keeps the spread at $259/mo. Purchase price stands at $129,900, and rental yield measures 9.6% with $1,039/mo rent. Return on cash invested shows 27.13% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 141.41% and total cumulative return in cash records $60,895. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,039/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47172, Sellersburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,462 (100%) |
| Owner Occupied HU | 6,699 (79.2%) |
| Renter Occupied HU | 1,398 (16.5%) |
| Vacant Housing Units | 365 ( 4.3%) |
| Median Home Value | $271,284 |
| Average Home Value | $290,171 |
Housing Distribution
Address Breakdown
Residential
8,461
Single Family
8,291
Multi-Family
170
Businesses
514
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian Helsel • Brixton Realty
Mls Name: SIRA
Mls ID: #202509477