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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Solsberry at 3315 N South Ct, Solsberry, IN, 47459 priced at $267,500 converts $2,014/mo rent into $409/mo cash flow after a $1,309/mo obligation. Total monthly income equals $2,014/mo, and annual cash flow totals $4,902/yr on $88,676 invested. Return on cash invested prints 25.44% in year one, and rental yield reads 9.03% against a $267,500 entry. Equity gained on principal adds $1,726/yr, while 5% annual appreciation compiles into $73,905 by year five. Five-year ROI reaches 132.25% and total cumulative return in cash sums $117,272. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,014/mo property income covering a $1,309/mo payment, not borrower’s personal income.
Single Family
Built in 2020
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47459, Solsberry, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,476 (100%) |
| Owner Occupied HU | 1,148 (77.8%) |
| Renter Occupied HU | 155 (10.5%) |
| Vacant Housing Units | 173 (11.7%) |
| Median Home Value | $262,500 |
| Average Home Value | $281,529 |
Residential
1,519
Single Family
1,519
Multi-Family
0
Businesses
23
Date | Event | Price |
|---|---|---|
| 2024-11-22 | Listing removed | $299,900 |
| 2024-11-13 | Price change | $299,900 |
| 2024-11-07 | Price change | $309,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $1680.00 | -2.83% | $168,100 | 0.06% |
| 2023-10-22 | $1729.00 | 2318.18% | $168,000 | -2.83% |
| 2022-10-22 | $71.50 | -52.56% | $172,900 | 6303.70% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
