








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Shoals at 12502 Coyote Pass Ln, Shoals, IN, 47581 generates $3,169/mo in rent and, after a $2,423/mo payment, leaves $197/mo in cash flow. Total monthly income is $3,169/mo, and annual cash flow is $2,368/yr on $164,093 invested. Return on cash invested sits at 21.35% in year one, and rental yield is 7.68% on a $495,000 entry. Equity gained on principal adds $3,194/yr, while 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 110.36% and total cumulative return in cash sums $181,090. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,169/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
7 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47581, Shoals, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,723 (100%) |
| Owner Occupied HU | 1,165 (67.6%) |
| Renter Occupied HU | 285 (16.5%) |
| Vacant Housing Units | 273 (15.8%) |
| Median Home Value | $172,500 |
| Average Home Value | $214,461 |
Residential
1,368
Single Family
1,368
Multi-Family
0
Businesses
92
Date | Event | Price |
|---|---|---|
| 2024-07-01 | Listed for sale | $495,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $1952.56 | 7.15% | $142,800 | 2.66% |
| 2022-10-15 | $1822.26 | 264.39% | $139,100 | 5.38% |
| 2021-10-15 | $500.08 | -10.67% | $132,000 | 275.00% |



Listed by: Patti Sanders • Key Associates Realty Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202424201
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.