509 W Jefferson StShelburnIN47879
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 Shelburn at 509 W Jefferson St, Shelburn, IN, 47879 at $163,900 posts ROI 26.63% with $304/mo cash flow from $1,288/mo rent. Total monthly income equals $1,288/mo, and annual cash flow records $3,652/yr on $54,333 to close. Return on cash invested measures 26.63% and rental yield reads 9.43% at the current $163,900. Equity gained on principal adds $1,058/yr, and 5% annual appreciation supports $45,283 by year five. Five-year ROI prints 138.7% and total cumulative return in cash totals $75,362.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,288/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1930
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47879, Shelburn, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,381 (100%) |
| Owner Occupied HU | 955 (69.2%) |
| Renter Occupied HU | 272 (19.7%) |
| Vacant Housing Units | 154 (11.2%) |
| Median Home Value | $129,265 |
| Average Home Value | $151,958 |
Housing Distribution
Address Breakdown
Residential
1,294
Single Family
1,294
Multi-Family
0
Businesses
56
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Listed by: Danielle Mckinney • Berkshire Hathaway HomeServices Newlin-Miller REALTORS
Mls Name: THAAR
Mls Provider:
Mls ID: #106726
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Terre Haute Area Association of Realtors. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. Copyright 2025 Terre Haute Area Association of Realtors. All Rights Reserved. Last Updated: 2025-06-24 07:20:27 PDT