221 Indianola StreetSellersburgIN47172
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Sellersburg at 221 Indianola Street, Sellersburg, IN, 47172 with 5% annual appreciation on a $255,000 basis while $2,441/mo rent supports operations. Total monthly income totals $2,441/mo and a $1,248/mo payment preserves $910/mo for cash returns. Annual cash flow comes to $10,924/yr on $84,533 deployed, and return on cash invested reaches 32.83% in year one. Equity gained on principal adds $1,645/yr, and five-year appreciation sums $70,452 alongside rental yield of 11.49%. Five-year ROI measures 171.92% and total cumulative return in cash totals $145,328.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,441/mo property income versus a $1,248/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
7,318 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47172, Sellersburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,462 (100%) |
| Owner Occupied HU | 6,699 (79.2%) |
| Renter Occupied HU | 1,398 (16.5%) |
| Vacant Housing Units | 365 ( 4.3%) |
| Median Home Value | $271,284 |
| Average Home Value | $290,171 |
Housing Distribution
Address Breakdown
Residential
8,461
Single Family
8,291
Multi-Family
170
Businesses
514
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Listed by: Paula Kiger • Coldwell Banker McMahan
Mls Name: SIRA
Mls ID: #2025010977