2284 Marjorie WayShelbyvilleIN46176
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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 Shelbyville at 2284 Marjorie Way, Shelbyville, IN, 46176 with 5% annual appreciation on a $277,390 basis while $1,979/mo rent supports operations. Total monthly income totals $1,979/mo and a $1,358/mo payment preserves $314/mo for cash returns. Annual cash flow comes to $3,763/yr on $91,955 deployed, and return on cash invested reaches 24% in year one. Equity gained on principal adds $1,790/yr, and five-year appreciation sums $76,638 alongside rental yield of 8.56%. Five-year ROI measures 124.55% and total cumulative return in cash totals $114,533.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,979/mo property income versus a $1,358/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46176, Shelbyville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,985 (100%) |
| Owner Occupied HU | 7,772 (59.9%) |
| Renter Occupied HU | 4,166 (32.1%) |
| Vacant Housing Units | 1,047 ( 8.1%) |
| Median Home Value | $192,419 |
| Average Home Value | $222,027 |
Housing Distribution
Address Breakdown
Residential
12,248
Single Family
11,467
Multi-Family
781
Businesses
1,027
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Listed by: Michelle Rinear • M/I Homes
Mls Name: M/I Homes
Mls Provider:
Mls ID: #N/A