3213 Magnolia CourtSellersburgIN47172
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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 3213 Magnolia Court, Sellersburg, IN, 47172 offers $3,742/mo rent that, after a $2,496/mo payment, leaves $660/mo cash flow. Total monthly income is $3,742/mo, and annual cash flow is $7,920/yr on $167,757 cash. Return on cash invested measures 24.78% in year one, and rental yield stands at 8.81% at a $509,900 entry. Equity gained on principal adds $3,290/yr while 5% annual appreciation compounds into $140,876 by year five. Five-year ROI records 128.78% and total cumulative return in cash reaches $216,032. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,742/mo property income versus a $2,496/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
0.34 Acres lot
$N/A/sqft
$250 annually 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: Adam Tetrick • Green Tree Real Estate Services
Mls Name: SIRA
Mls Provider:
Mls ID: #202506942
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.