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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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No similar rental properties found nearby.
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 Shelburn at 5 E Mill St, Shelburn, IN, 47879 offers $0/mo rent that, after a $489/mo payment. Total monthly income is $0/mo. Return on cash invested measures -1.8% in year one, and rental yield stands at 0% at a $100,000 entry. Equity gained on principal adds $645/yr while 5% annual appreciation compounds into $27,628 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $489/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Lot
Built in N/A
5 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47879, Shelburn, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,381 (100%) |
| Owner Occupied HU | 955 (69.2%) |
| Renter Occupied HU | 272 (19.7%) |
| Vacant Housing Units | 154 (11.2%) |
| Median Home Value | $129,265 |
| Average Home Value | $151,958 |
Residential
1,294
Single Family
1,294
Multi-Family
0
Businesses
56
Date | Event | Price |
|---|---|---|
| 2024-02-09 | Listed for sale | $100,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
Listed by: Sandra Scamihorn • REMAX R.E.A.
Mls Name: THAAR
Mls Provider:
Mls ID: #102715
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Terre Haute Area Association of Realtors. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. Copyright 2024 Terre Haute Area Association of Realtors. All Rights Reserved. Last Updated: 2024-10-15 09:40:34 PDT
