3708 W State Road 48ShelburnIN47879
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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
Investment property for sale in Shelburn at 3708 W State Road 48, Shelburn, IN, 47879 listed at $364,800 pairs $1,620/mo rent with a $1,786/mo payment. Total monthly income runs $1,620/mo. Return on cash invested measures 14.25% in year one, and rental yield registers 5.33% at a $364,800 basis. Equity gained on principal adds $2,354/yr, and annual property appreciation at 5% supports $100,788 by year five. Five-year ROI tracks 72.25% and total cumulative return in cash totals $87,376. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,620/mo property income relative to a $1,786/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
176.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47879, Shelburn, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,381 (100%) |
| Owner Occupied HU | 955 (69.2%) |
| Renter Occupied HU | 272 (19.7%) |
| Vacant Housing Units | 154 (11.2%) |
| Median Home Value | $129,265 |
| Average Home Value | $151,958 |
Housing Distribution
Address Breakdown
Residential
1,294
Single Family
1,294
Multi-Family
0
Businesses
56
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