








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 502 N New Years Day, Santa Claus, IN, 47579 earns $221/mo cash flow from $1,571/mo rent with a $1,101/mo payment. Total monthly income totals $1,571/mo, and annual cash flow totals $2,647/yr on $74,588 capital. ROI tracks 23.46% on current figures, and rental yield reads 8.38% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 121.66% and total cumulative return in cash sums $90,741. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,571/mo property income instead of your personal income.
Single Family
Built in 2004
0.35 Acres 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Kristie A Kirsch • SOLID GOLD REALTY, INC.
Mls Name: IRMLS
Mls ID: #202544067