1474 Solar Street LOT 3ScottsburgIN47170
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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 Scottsburg at 1474 Solar Street LOT 3, Scottsburg, IN, 47170 earns $225/mo cash flow from $1,756/mo rent with a $1,248/mo payment. Total monthly income totals $1,756/mo, and annual cash flow totals $2,706/yr on $84,499 capital. ROI tracks 23.11% on current figures, and rental yield reads 8.27% at a $254,900 purchase. Equity gained on principal adds $1,645/yr, and 5% annual appreciation supports $70,424 over five years. Five-year ROI reaches 119.79% and total cumulative return in cash sums $101,220. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,756/mo property income instead of your personal income.
Single Family
Built in 2025
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47170, Scottsburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,833 (100%) |
| Owner Occupied HU | 4,256 (62.3%) |
| Renter Occupied HU | 1,960 (28.7%) |
| Vacant Housing Units | 617 ( 9.0%) |
| Median Home Value | $185,872 |
| Average Home Value | $216,799 |
Housing Distribution
Address Breakdown
Residential
6,473
Single Family
6,313
Multi-Family
160
Businesses
537
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Listed by: Troy Stiller • Schuler Bauer Real Estate Services ERA Powered (N
Mls Name: SIRA
Mls ID: #2025010722