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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% |
Rental property for sale in Solsberry at 1265 N Shea Ests, Solsberry, IN, 47459 offers $1,639/mo rent that, after a $1,395/mo payment. Total monthly income is $1,639/mo. Return on cash invested measures 19% in year one, and rental yield stands at 6.9% at a $285,000 entry. Equity gained on principal adds $1,839/yr while 5% annual appreciation compounds into $78,740 by year five. Five-year ROI records 97.74% and total cumulative return in cash reaches $92,346. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,639/mo property income versus a $1,395/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
1.64 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47459, Solsberry, IN area.
| 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 |
Residential
1,519
Single Family
1,519
Multi-Family
0
Businesses
23
Date | Event | Price |
|---|---|---|
| 2025-03-14 | Listed for sale | $285,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-18 | $1450.16 | -14.65% | $142,000 | -0.98% |
| 2023-03-18 | $1699.02 | 9.18% | $143,400 | -5.16% |
| 2022-03-18 | $1556.20 | -0.16% | $151,200 | 10.36% |
What's Special
Pull Down Stairs
Listed by: Stacy Lafferty • RE/MAX Acclaimed Properties
Mls Name: IRMLS
Mls Provider:
Mls ID: #202508585
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.
