507 E Sleigh Bell DrSanta ClausIN47579
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Santa Claus at 507 E Sleigh Bell Dr, Santa Claus, IN, 47579 with 5% annual appreciation on a $383,100 basis while $2,448/mo rent supports operations. Total monthly income totals $2,448/mo and a $1,875/mo payment preserves $111/mo for cash returns. Annual cash flow comes to $1,337/yr on $126,998 deployed, and return on cash invested reaches 20.96% in year one. Equity gained on principal adds $2,472/yr, and five-year appreciation sums $105,843 alongside rental yield of 7.67%. Five-year ROI measures 108.38% and total cumulative return in cash totals $137,642.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,448/mo property income versus a $1,875/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2010
0.41 Acres lot
$N/A/sqft
$37 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47579, Santa Claus, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1,048
Single Family
1,048
Multi-Family
0
Businesses
86
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A