








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Santa Claus at 388 W Evergreen Plz N, Santa Claus, IN, 47579 at $299,900 posts ROI 29.49% with $794/mo cash flow from $2,640/mo rent. Total monthly income equals $2,640/mo, and annual cash flow records $9,524/yr on $99,417 to close. Return on cash invested measures 29.49% and rental yield reads 10.56% at the current $299,900. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 by year five. Five-year ROI prints 154.17% and total cumulative return in cash totals $153,268.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,640/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2002
0.42 Acres lot
$N/A/sqft
$551 annually HOA
Neighborhood data shown for ZIP Code: 47579, Santa Claus, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,237 (100%) |
| Owner Occupied HU | 1,022 (82.6%) |
| Renter Occupied HU | 105 ( 8.5%) |
| Vacant Housing Units | 110 ( 8.9%) |
| Median Home Value | $257,373 |
| Average Home Value | $291,761 |
Residential
1,048
Single Family
1,048
Multi-Family
0
Businesses
86
Date | Event | Price |
|---|---|---|
| 2024-10-14 | Price change | $299,900 |
| 2024-08-16 | Listed for sale | $325,000 |
| 2014-08-28 | Sold | $176,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $1619.64 | -4.61% | $250,500 | 17.83% |
| 2022-10-15 | $1697.88 | -5.22% | $212,600 | 6.78% |
| 2021-10-15 | $1791.30 | 15.41% | $199,100 | 2.47% |



Listed by: Kara Hinshaw • Key Associates Signature Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202431131
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.