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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% |
Investment property for sale in New Salisbury at 1414 Deer Ridge Way NE, New Salisbury, IN, 47161 earns $754/mo cash flow from $2,164/mo rent with a $1,150/mo payment. Total monthly income totals $2,164/mo, and annual cash flow totals $9,042/yr on $77,903 capital. ROI tracks 31.52% on current figures, and rental yield reads 11.05% at a $235,000 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 over five years. Five-year ROI reaches 164.86% and total cumulative return in cash sums $128,428. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,164/mo property income instead of your personal income.
Manufactured
Built in 2000
1.54 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47161, New Salisbury, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,525 (100%) |
| Owner Occupied HU | 1,218 (79.9%) |
| Renter Occupied HU | 216 (14.2%) |
| Vacant Housing Units | 91 ( 6.0%) |
| Median Home Value | $230,131 |
| Average Home Value | $264,865 |
Residential
1,489
Single Family
1,489
Multi-Family
0
Businesses
43
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Elmer Lambright • eXp Realty, LLC
Mls Name: SIRA
Mls ID: #202509447
