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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Salem at 4225 E Quaker Rd, Salem, IN, 47167 earns $1,064/mo cash flow from $2,776/mo rent with a $1,357/mo payment. Total monthly income totals $2,776/mo, and annual cash flow totals $12,763/yr on $91,925 capital. ROI tracks 33.79% on current figures, and rental yield reads 12.01% at a $277,300 purchase. Equity gained on principal adds $1,789/yr, and 5% annual appreciation supports $76,613 over five years. Five-year ROI reaches 177.3% and total cumulative return in cash sums $162,985. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,776/mo property income instead of your personal income.
Single Family
Built in 2006
3 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47167, Salem, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,825 (100%) |
| Owner Occupied HU | 4,832 (70.8%) |
| Renter Occupied HU | 1,431 (21.0%) |
| Vacant Housing Units | 562 ( 8.2%) |
| Median Home Value | $184,381 |
| Average Home Value | $231,011 |
Residential
6,703
Single Family
6,562
Multi-Family
141
Businesses
505
Date | Event | Price |
|---|---|---|
| 2024-09-30 | Listing removed | $349,900 |
| 2024-05-13 | Listed for sale | $349,900 |
| 2024-05-01 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $2878.76 | 0.82% | $277,300 | 5.52% |
| 2023-10-24 | $2855.48 | 10.41% | $262,800 | 2.26% |
| 2022-10-24 | $2586.20 | 7.79% | $257,000 | 13.77% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
