3008 Saratoga LaneSellersburgIN47172
Nearby investment properties with comparable rents
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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
Rental property for sale in Sellersburg at 3008 Saratoga Lane, Sellersburg, IN, 47172 generates $3,432/mo in rent, after a $3,059/mo payment. Total monthly income is $3,432/mo. Return on cash invested sits at 18.19% in year one, and rental yield is 6.59% on a $624,900 entry. Equity gained on principal adds $4,032/yr, while 5% annual appreciation builds toward $172,648 over five years. Five-year ROI reaches 93.37% and total cumulative return in cash sums $191,969. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,432/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
0.40 Acres 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: Justin Dabney • Bridge Realtors
Mls Name: SIRA
Mls ID: #2025012983