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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% |
Rental property for sale in Santa Claus at 455 S Sled Run, Santa Claus, IN, 47579 generates $2,305/mo in rent and, after a $1,566/mo payment, leaves $384/mo in cash flow. Total monthly income is $2,305/mo, and annual cash flow is $4,612/yr on $106,080 invested. Return on cash invested sits at 24.26% in year one, and rental yield is 8.64% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 125.94% and total cumulative return in cash sums $133,599. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,305/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-05-24 | Listed for sale | $320,000 |
| 2024-07-05 | Sold | $297,000 |
| 2024-05-29 | Pending sale | $297,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-27 | $1897.80 | 25.64% | $254,500 | 13.87% |
| 2023-05-27 | $1510.52 | 26.62% | $223,500 | 8.50% |
| 2022-05-27 | $1193.00 | -9.36% | $206,000 | 30.54% |
Listed by: Caty Litherland • Turnkey Realty & Property Management
Mls Name: My State MLS
Mls ID: #11503536
