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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Santa Claus at 511 S Sled Run, Santa Claus, IN, 47579 generates $1,745/mo in rent and, after a $1,223/mo payment, leaves $245/mo in cash flow. Total monthly income is $1,745/mo, and annual cash flow is $2,940/yr on $82,842 invested. Return on cash invested sits at 23.46% in year one, and rental yield is 8.38% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 121.68% and total cumulative return in cash sums $100,802. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,745/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
0.64 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: Kara Hinshaw • Key Associates Signature Realty
Mls Name: IRMLS
Mls ID: #202534974
