2980 Carleton Rd, Siberia, IN, 47515 | $247/mo Cash Flow

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2980 Carleton Rd, Siberia, IN, 47515 | $247/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Siberia at 2980 Carleton Rd, Siberia, IN, 47515 offers a 8.44% rental yield on a $239,900 purchase with $1,687/mo rent. Total monthly income registers $1,687/mo, and a $1,174/mo payment leaves $247/mo available for distribution. Annual cash flow reaches $2,965/yr on $79,527 to close, and return on cash invested stands at 23.64% in year one. Equity gained on principal adds $1,548/yr while 5% annual appreciation supports $66,280 over five years. Portfolio math shows five-year ROI at 122.64% and total cumulative return in cash at $97,531. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,687/mo property income against a $1,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1991

1.35 Acres lot

$N/A/sqft

No HOA

More details about the property

Beautiful country living for this 3 bedroom, 2 bath vinyl/stone ranch home situated on a hillside surrounded by woods on 1.35 acres m/l!! Excellent floor plan offering living room, spacious kitchen with an abundance of oak cabinetry, eat in/ dining area with glass doors over looking back patio/garden area. All appliances including washer and dryer stay with the home. Laundry area near main bathroom. Hardwood floors, carpet and vinyl flooring to the home. Master bedroom with en suite, also features a sunroom with lots of natural light. Attached 2 car garage, and an additional 2 car detached garage. This home offers plenty of outdoor areas for entertaining or enjoying the scenic country living! Immediate possession!! Come home for the holidays to country living!!