5079 N Blue Heron RdSolsberryIN47459
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
Rental property for sale in Solsberry at 5079 N Blue Heron Rd, Solsberry, IN, 47459 offers $2,566/mo rent that, after a $2,129/mo payment. Total monthly income is $2,566/mo. Return on cash invested measures 19.29% in year one, and rental yield stands at 7.08% at a $435,000 entry. Equity gained on principal adds $2,807/yr while 5% annual appreciation compounds into $120,182 by year five. Five-year ROI records 99.38% and total cumulative return in cash reaches $143,304. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,566/mo property income versus a $2,129/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
5.16 Acres lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47459, Solsberry, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,476 (100%) |
| Owner Occupied HU | 1,148 (77.8%) |
| Renter Occupied HU | 155 (10.5%) |
| Vacant Housing Units | 173 (11.7%) |
| Median Home Value | $262,500 |
| Average Home Value | $281,529 |
Housing Distribution
Address Breakdown
Residential
1,519
Single Family
1,519
Multi-Family
0
Businesses
23
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Listed by: Lisa Funkhouser • Funkhouser Real Estate & Property Manage
Mls Name: IRMLS
Mls Provider:
Mls ID: #202436953
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.