3 Thomas CourtScottsburgIN47170
Nearby investment properties with comparable rents
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 Scottsburg at 3 Thomas Court, Scottsburg, IN, 47170 at $189,500 posts ROI 30.72% with $566/mo cash flow from $1,704/mo rent. Total monthly income equals $1,704/mo, and annual cash flow records $6,792/yr on $62,819 to close. Return on cash invested measures 30.72% and rental yield reads 10.79% at the current $189,500. Equity gained on principal adds $1,223/yr, and 5% annual appreciation supports $52,355 by year five. Five-year ROI prints 160.55% and total cumulative return in cash totals $100,859.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,704/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1970
9,230 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47170, Scottsburg, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
6,473
Single Family
6,313
Multi-Family
160
Businesses
537
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Nearby investment properties with comparable prices
Listed by: Lana Zollman • Bridge Realtors
Mls Name: SIRA
Mls Provider:
Mls ID: #202509789
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.