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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% |
Total monthly income runs $1,121/mo, and a $1,170/mo payment. Purchase price stands at $239,000, and rental yield measures 5.63% with $1,121/mo rent. Return on cash invested shows 15.15% in year one, and 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 77.15% and total cumulative return in cash records $61,128. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,121/mo property income covering a $1,170/mo payment rather than investor’s personal income.
Single Family
Built in 1960
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47581, Shoals, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,723 (100%) |
| Owner Occupied HU | 1,165 (67.6%) |
| Renter Occupied HU | 285 (16.5%) |
| Vacant Housing Units | 273 (15.8%) |
| Median Home Value | $172,500 |
| Average Home Value | $214,461 |
Residential
1,368
Single Family
1,368
Multi-Family
0
Businesses
92
Date | Event | Price |
|---|---|---|
| 2025-04-10 | Listed for sale | $239,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Patti Sanders • Key Associates Realty Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512201
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
