153 E Melchoir Dr SSanta ClausIN47579
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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 Santa Claus at 153 E Melchoir Dr S, Santa Claus, IN, 47579 with 5% annual appreciation on a $455,900 basis while $2,498/mo rent supports operations. 02% in year one. Equity gained on principal adds $2,942/yr, and five-year appreciation sums $125,957 alongside rental yield of 6.58%. Five-year ROI measures 92.45% and total cumulative return in cash totals $139,726. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,498/mo property income versus a $2,231/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2015
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47579, Santa Claus, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,237 (100%) |
| Owner Occupied HU | 1,022 (82.6%) |
| Renter Occupied HU | 105 ( 8.5%) |
| Vacant Housing Units | 110 ( 8.9%) |
| Median Home Value | $257,373 |
| Average Home Value | $291,761 |
Housing Distribution
Address Breakdown
Residential
1,048
Single Family
1,048
Multi-Family
0
Businesses
86
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Listed by: Mitch Schulz • Weichert Realtors-The Schulz Group
Mls Name: IRMLS
Mls ID: #202537298