1510 Shields Ave, Seymour, IN, 47274 | $843/mo Cash Flow

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1510 Shields Ave, Seymour, IN, 47274 | $843/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Seymour at 1510 Shields Ave, Seymour, IN, 47274 uses $78,532 cash to close to unlock $10,121/yr annual cash flow and $843/mo monthly cash flow. Total monthly income runs $2,266/mo, and a $1,160/mo payment keeps the spread at $843/mo. Purchase price stands at $236,900, and rental yield measures 11.48% with $2,266/mo rent. Return on cash invested shows 32.8% in year one, and 5% annual appreciation builds toward $65,451 over five years. Five-year ROI reaches 171.72% and total cumulative return in cash records $134,857. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,266/mo property income covering a $1,160/mo payment rather than investor’s personal income.

Single Family

Built in 1962

0.29 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this charming Bedford Stone Ranch nestled in a quiet neighborhood, offering comfort and character throughout. Step inside from the enclosed front porch to find beautiful original hardwood floors in the living room and bedrooms, adding warmth and timeless appeal. The newly remodeled kitchen is ready for your culinary projects featuring Hickory cabinets and new high end appliances. The fully updated added bath brings modern convenience while maintaining the homes classic feel. With 3 bedrooms, 2.5 baths, a bonus room and dedicated laundry room, there's space for everyone and everything you need. Enjoy the outdoors from the side patio or let pets play safely in the fenced backyard. Recent updates include PEX plumbing system from the road to the kitchen, laundry and new bath for added peace of mind.