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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Total monthly income runs $0/mo, and a $881/mo payment. Purchase price stands at $179,900, and rental yield measures 0% with $0/mo rent. Return on cash invested shows -1.83% in year one, and 5% annual appreciation builds toward $49,703 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $0/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47384, Shirley, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 825 (100%) |
| Owner Occupied HU | 634 (76.8%) |
| Renter Occupied HU | 131 (15.9%) |
| Vacant Housing Units | 60 ( 7.3%) |
| Median Home Value | $212,745 |
| Average Home Value | $304,550 |
Residential
535
Single Family
535
Multi-Family
0
Businesses
36
Date | Event | Price |
|---|---|---|
| 2025-04-08 | Listed for sale | $179,900 |
| 2025-01-28 | Sold | $71,000 |
| 2025-01-08 | Pending sale | $75,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-10 | $746.12 | 50.75% | $100,000 | 7.07% |
| 2023-04-10 | $494.94 | 11.15% | $93,400 | 26.22% |
| 2022-04-10 | $445.28 | 6.67% | $74,000 | 21.11% |
No similar rental properties found nearby.
Listed by: Randy Placencia • Red Bridge Real Estate
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22031538
Disclaimer: Based on information submitted to the MLS GRID as of 2025-04-10 08:17:47 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
