4001 S Whitney Rd, Selma, IN, 47383 | 6.25% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1556 sft

3005 W Sunblest Dr, Muncie, IN, 47302

2 Bed
1 Bath
1008 sft

2508 Pamela Ct, Anderson, IN, 46012

3 Bed
1 Bath
1656 sft

2524 S Macedonia Ave, Muncie, IN, 47302

3 Bed
2 Bath
1120 sft

110 N 27th St, New Castle, IN, 47362

Nearby investment properties with comparable prices

3 Bed
2 Bath
2322 sft

317 S 22nd St, New Castle, IN, 47362

3 Bed
2 Bath
1260 sft

7509 N Prairie Rd, Springport, IN, 47386

3 Bed
2 Bath
1524 sft

4313 W Hummingbird Way, Muncie, IN, 47304

2 Bed
2 Bath
1802 sft

3400 W Riggin Rd UNIT 37, Muncie, IN, 47304

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Selma at 4001 S Whitney Rd, Selma, IN, 47383 offers a 6.25% rental yield on a $264,900 purchase with $1,380/mo rent. 03% in year one. Equity gained on principal adds $1,709/yr while 5% annual appreciation supports $73,187 over five years. Portfolio math shows five-year ROI at 87.19% and total cumulative return in cash at $76,568. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,380/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1972

0.33 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 47383, Selma, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,127 (100%)
Owner Occupied HU	911 (80.8%)
Renter Occupied HU	143 (12.7%)
Vacant Housing Units	73 ( 6.5%)
Median Home Value	$218,720
Average Home Value	$239,391