1532 E County Road 650 NShelburnIN47879
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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 Shelburn at 1532 E County Road 650 N, Shelburn, IN, 47879 earns $910/mo cash flow from $2,891/mo rent with a $1,615/mo payment. Total monthly income totals $2,891/mo, and annual cash flow totals $10,924/yr on $109,362 capital. ROI tracks 29.9% on current figures, and rental yield reads 10.52% at a $329,900 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,145 over five years. Five-year ROI reaches 156.18% and total cumulative return in cash sums $170,799. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,891/mo property income instead of your personal income.
Single Family
Built in 1993
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47879, Shelburn, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,381 (100%) |
| Owner Occupied HU | 955 (69.2%) |
| Renter Occupied HU | 272 (19.7%) |
| Vacant Housing Units | 154 (11.2%) |
| Median Home Value | $129,265 |
| Average Home Value | $151,958 |
Housing Distribution
Address Breakdown
Residential
1,294
Single Family
1,294
Multi-Family
0
Businesses
56
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