12707 Covered Bridge RoadSellersburgIN47172
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Sellersburg at 12707 Covered Bridge Road, Sellersburg, IN, 47172 earns from $3,416/mo rent with a $2,932/mo payment. Total monthly income totals $3,416/mo. ROI tracks 18.96% on current figures, and rental yield reads 6.84% at a $599,000 purchase. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 over five years. Five-year ROI reaches 97.52% and total cumulative return in cash sums $192,178. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,416/mo property income instead of your personal income.
Single Family
Built in 2000
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47172, Sellersburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,462 (100%) |
| Owner Occupied HU | 6,699 (79.2%) |
| Renter Occupied HU | 1,398 (16.5%) |
| Vacant Housing Units | 365 ( 4.3%) |
| Median Home Value | $271,284 |
| Average Home Value | $290,171 |
Housing Distribution
Address Breakdown
Residential
8,461
Single Family
8,291
Multi-Family
170
Businesses
514
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Nearby investment properties with comparable prices
Listed by: Paul R Kiger II • Coldwell Banker McMahan
Mls Name: SIRA
Mls ID: #2025011162