3990 Salem Rdg, Aurora, IN, 47001 | $329/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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3990 Salem Rdg, Aurora, IN, 47001 | $329/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Aurora at 3990 Salem Rdg, Aurora, IN, 47001 listed at $265,000 pairs $1,920/mo rent with a $1,297/mo payment to leave $329/mo cash flow. Total monthly income runs $1,920/mo, and annual cash flow reaches $3,951/yr on $87,848 cash to close. Return on cash invested measures 24.41% in year one, and rental yield registers 8.69% at a $265,000 basis. Equity gained on principal adds $1,710/yr, and annual property appreciation at 5% supports $73,215 by year five. Five-year ROI tracks 126.76% and total cumulative return in cash totals $111,351. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,920/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1991

3.33 Acres lot

$N/A/sqft

No HOA

More details about the property

Not many left! Don't miss out on your opportunity! Country setting ranch style home settled on 3.33 acres. Nice 2 bedroom/2 bath, fenced back yard to keep your kids safe or your give your pooch some running room! 2 car attached garage with electric and new garage door. Plenty of room in side yard for possible pole barn or extra garage. Hard wood flooring throughout propane heat with central air. Fiber optics recently installed in the area so you have access to internet.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47001, Aurora, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,472 (100%)
Owner Occupied HU	3,240 (72.5%)
Renter Occupied HU	844 (18.9%)
Vacant Housing Units	388 ( 8.7%)
Median Home Value	$213,898
Average Home Value	$248,906