124 Rr 1SolsberryIN47459
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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
Investment Highlights
Rental property for sale in Solsberry at 124 Rr 1, Solsberry, IN, 47459 priced at $260,000 converts $1,286/mo rent into after a $1,273/mo obligation. Total monthly income equals $1,286/mo. Return on cash invested prints 16.08% in year one, and rental yield reads 5.94% against a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation compiles into $71,833 by year five. Five-year ROI reaches 82.07% and total cumulative return in cash sums $70,733. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,286/mo property income covering a $1,273/mo payment, not borrower’s personal income.
Single Family
Built in 2011
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47459, Solsberry, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,476 (100%) |
| Owner Occupied HU | 1,148 (77.8%) |
| Renter Occupied HU | 155 (10.5%) |
| Vacant Housing Units | 173 (11.7%) |
| Median Home Value | $262,500 |
| Average Home Value | $281,529 |
Housing Distribution
Address Breakdown
Residential
1,519
Single Family
1,519
Multi-Family
0
Businesses
23
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Listed by: Dana Peabody • FC Tucker/Bloomington REALTORS
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512454
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.