1301 S County Road 625 ESelmaIN47383
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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
Investment property for sale in Selma at 1301 S County Road 625 E, Selma, IN, 47383 listed at $184,300 pairs $1,408/mo rent with a $902/mo payment to leave $302/mo cash flow. Total monthly income runs $1,408/mo, and annual cash flow reaches $3,621/yr on $61,095 cash to close. Return on cash invested measures 25.84% in year one, and rental yield registers 9.17% at a $184,300 basis. Equity gained on principal adds $1,189/yr, and annual property appreciation at 5% supports $50,919 by year five. Five-year ROI tracks 134.38% and total cumulative return in cash totals $82,103. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,408/mo property income relative to a $902/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47383, Selma, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,127 (100%) |
| Owner Occupied HU | 911 (80.8%) |
| Renter Occupied HU | 143 (12.7%) |
| Vacant Housing Units | 73 ( 6.5%) |
| Median Home Value | $218,720 |
| Average Home Value | $239,391 |
Housing Distribution
Address Breakdown
Residential
1,014
Single Family
1,014
Multi-Family
0
Businesses
40
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