120 Brandywine Ct, Salem, IN, 47167 | $914/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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120 Brandywine Ct, Salem, IN, 47167 | $914/mo Cash Flow | Ziffy

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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 120 Brandywine Ct, Salem, IN, 47167 earns $914/mo cash flow from $2,053/mo rent with a $929/mo payment. Total monthly income totals $2,053/mo, and annual cash flow totals $10,962/yr on $62,952 capital. ROI tracks 37.32% on current figures, and rental yield reads 12.97% at a $189,900 purchase. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 over five years. Five-year ROI reaches 196.01% and total cumulative return in cash sums $123,389. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,053/mo property income instead of your personal income.

Single Family

Built in 2004

0.59 Acres lot

$N/A/sqft

No HOA

More details about the property

Great location!! Spacious home with over 1464 sq. ft., 3 BR, 2.5 BA. with an additional room for office space/den/nursery on .59 AC. Amenities include a FENCED IN BACK YARD, nice deck off the back, 10 x 16 shed and a paved driveway. It backs up to a wooded area for privacy. Large eat in kitchen with nice pantry and appliances including washer and dryer are included. There are 2 master bedroom suites and one is a new addition with large master bathroom with master bath and large closet. This home is handicap accessible with ramps, walk in showers and grab bars. Living room has been freshly painted. Located at the end of a dead end road on a CUL DE SAC this home is minutes from shopping.

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