346 S Fern StreetSellersburgIN47172
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 Sellersburg at 346 S Fern Street, Sellersburg, IN, 47172 at $169,900 posts ROI 28.45% with $401/mo cash flow from $1,421/mo rent. Total monthly income equals $1,421/mo, and annual cash flow records $4,808/yr on $56,322 to close. Return on cash invested measures 28.45% and rental yield reads 10.04% at the current $169,900. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 by year five. Five-year ROI prints 148.4% and total cumulative return in cash totals $83,582.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,421/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1946
0.33 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chris Hogue • Lopp Real Estate Brokers
Mls Name: SIRA
Mls ID: #2025012888