276 S Poinsettia DrSanta ClausIN47579
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Nearby investment properties with comparable prices
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 Santa Claus at 276 S Poinsettia Dr, Santa Claus, IN, 47579 at $315,000 posts ROI 23.02% with $271/mo cash flow from $2,162/mo rent. Total monthly income equals $2,162/mo, and annual cash flow records $3,250/yr on $104,423 to close. Return on cash invested measures 23.02% and rental yield reads 8.24% at the current $315,000. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 by year five. Five-year ROI prints 119.29% and total cumulative return in cash totals $124,565.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,162/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1980
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47579, Santa Claus, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,237 (100%) |
| Owner Occupied HU | 1,022 (82.6%) |
| Renter Occupied HU | 105 ( 8.5%) |
| Vacant Housing Units | 110 ( 8.9%) |
| Median Home Value | $257,373 |
| Average Home Value | $291,761 |
Housing Distribution
Address Breakdown
Residential
1,048
Single Family
1,048
Multi-Family
0
Businesses
86
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Listed by: Jodey Reisz • eXp Realty, LLC
Mls Name: IRMLS
Mls ID: #202543257