Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Santa Claus at 50 E Reindeer Cir, Santa Claus, IN, 47579 listed at $399,000 pairs $2,611/mo rent with a $1,953/mo payment to leave $181/mo cash flow. Total monthly income runs $2,611/mo, and annual cash flow reaches $2,174/yr on $132,269 cash to close. Return on cash invested measures 21.55% in year one, and rental yield registers 7.85% at a $399,000 basis. Equity gained on principal adds $2,575/yr, and annual property appreciation at 5% supports $110,236 by year five. Five-year ROI tracks 111.55% and total cumulative return in cash totals $147,542. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,611/mo property income relative to a $1,953/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
0.27 Acres lot
$N/A/sqft
$415 annually 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 |
|---|---|---|
| 2025-08-08 | Sold | $399,000 |
| 2025-07-07 | Pending sale | $415,000 |
| 2025-06-07 | Listed for sale | $415,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-18 | $2717.84 | 119.64% | $313,900 | 4.74% |
| 2023-10-18 | $1237.40 | -59.43% | $299,700 | 48.66% |
| 2022-10-18 | $3050.14 | -8.46% | $201,600 | 4.67% |
Listed by: Kara Hinshaw • Key Associates Signature Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202521683
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.
