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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 2137 W Bobwhite Drive, Scottsburg, IN, 47170 listed at $214,900 pairs $1,933/mo rent with a $1,052/mo payment to leave $601/mo cash flow. Total monthly income runs $1,933/mo, and annual cash flow reaches $7,214/yr on $71,239 cash to close. Return on cash invested measures 30.04% in year one, and rental yield registers 10.79% at a $214,900 basis. Equity gained on principal adds $1,387/yr, and annual property appreciation at 5% supports $59,373 by year five. Five-year ROI tracks 157.22% and total cumulative return in cash totals $112,002. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,933/mo property income relative to a $1,052/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
0.38 Acres lot
$N/A/sqft
$500 annually 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 |
|---|---|---|
| 2025-05-23 | Listed for sale | $214,900 |
| 2024-07-08 | Sold | $179,000 |
| 2024-06-15 | Pending sale | $179,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-27 | $628.40 | 2.00% | $149,800 | 3.38% |
| 2023-05-27 | $616.06 | 2.00% | $144,900 | 1.76% |
| 2022-05-27 | $603.98 | 1.87% | $142,400 | 14.47% |
Listed by: Casey Elkins • Kovener & Associates Real Esta
Mls Name: SIRA
Mls Provider:
Mls ID: #202508242
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.
