5009 Schaefer LnFloyds KnobsIN47119
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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
Investment Highlights
Investment property for sale in Floyds Knobs at 5009 Schaefer Ln, Floyds Knobs, IN, 47119 listed at $273,900 pairs $0/mo rent with a $1,341/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -1.83% in year one, and rental yield registers 0% at a $273,900 basis. Equity gained on principal adds $1,767/yr, and annual property appreciation at 5% supports $75,674 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $1,341/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
6,011 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47119, Floyds Knobs, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,705 (100%) |
| Owner Occupied HU | 4,175 (88.7%) |
| Renter Occupied HU | 368 ( 7.8%) |
| Vacant Housing Units | 162 ( 3.4%) |
| Median Home Value | $402,736 |
| Average Home Value | $442,299 |
Housing Distribution
Address Breakdown
Residential
4,687
Single Family
4,687
Multi-Family
0
Businesses
308
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No similar rental properties found nearby.
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Listed by: Susan R Riley • RE/MAX FIRST
Mls Name: SIRA
Mls ID: #2025013056