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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% |
Investment property for sale in Scottsburg at 1557 Willow Ct, Scottsburg, IN, 47170 earns from $1,200/mo rent with a $1,542/mo payment. Total monthly income totals $1,200/mo. ROI tracks 9.67% on current figures, and rental yield reads 4.57% at a $315,000 purchase. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 over five years. Five-year ROI reaches 48.5% and total cumulative return in cash sums $50,645. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,200/mo property income instead of your personal income.
Condo
Built in 2019
N/A lot
$N/A/sqft
$200 monthly HOA
Neighborhood data shown for ZIP Code: 47170, Scottsburg, IN area.
| 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 |
Residential
6,473
Single Family
6,313
Multi-Family
160
Businesses
537
Date | Event | Price |
|---|---|---|
| 2025-09-20 | Listed for sale | $315,000 |
| 2025-09-17 | Listing removed | $319,900 |
| 2025-06-11 | Price change | $319,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-23 | $1953.00 | 7.54% | $191,000 | -2.20% |
| 2023-09-23 | $1816.00 | 7.67% | $195,300 | 7.54% |
| 2022-09-23 | $1686.62 | 2.00% | $181,600 | 5.03% |
Listed by: Tamara Barger • Kovener & Associates Real Esta
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22064031
Disclaimer: Based on information submitted to the MLS GRID as of 2025-09-23 07:48:19 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
