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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 $1,501/mo, and a $1,831/mo payment. Purchase price stands at $374,000, and rental yield measures 4.82% with $1,501/mo rent. Return on cash invested shows 12.7% in year one, and 5% annual appreciation builds toward $103,329 over five years. Five-year ROI reaches 63.97% and total cumulative return in cash records $79,309. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,501/mo property income covering a $1,831/mo payment rather than investor’s personal income.
Manufactured
Built in 2006
33.41 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 |
|---|---|---|
| 2024-08-31 | Listed for sale | $374,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $1130.80 | -3.73% | $76,600 | -0.26% |
| 2022-10-15 | $1174.56 | 10.10% | $76,800 | 1.19% |
| 2021-10-15 | $1066.80 | -4.48% | $75,900 | 0.93% |
Listed by: Chris Burton • Brooks Galloway Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202433547
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.
