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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 Shoals at 15977 McBride Bluff Rd, Shoals, IN, 47581 uses $47,073 cash to close to unlock $6,691/yr annual cash flow and $558/mo monthly cash flow. Total monthly income runs $1,410/mo, and a $695/mo payment keeps the spread at $558/mo. Purchase price stands at $142,000, and rental yield measures 11.92% with $1,410/mo rent. Return on cash invested shows 34.12% in year one, and 5% annual appreciation builds toward $39,232 over five years. Five-year ROI reaches 178.83% and total cumulative return in cash records $84,182. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,410/mo property income covering a $695/mo payment rather than investor’s personal income.
Single Family
Built in 2020
8,712 sqft 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 |
|---|---|---|
| 2025-05-30 | Listed for sale | $142,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-02 | $291.50 | 6.97% | $97,100 | 5.31% |
| 2023-06-02 | $272.50 | -76.48% | $92,200 | 5.13% |
| 2022-06-02 | $1158.48 | 1871.55% | $87,700 | 10.31% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
