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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% |
Investment property for sale in Shoals at 517 Stephens St, Shoals, IN, 47581 at $150,000 posts ROI 29.03% with $378/mo cash flow from $1,278/mo rent. Total monthly income equals $1,278/mo, and annual cash flow records $4,533/yr on $49,725 to close. Return on cash invested measures 29.03% and rental yield reads 10.22% at the current $150,000. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 by year five. Five-year ROI prints 151.52% and total cumulative return in cash totals $75,342.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,278/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1938
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47581, Shoals, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,723 (100%) |
| Owner Occupied HU | 1,165 (67.6%) |
| Renter Occupied HU | 285 (16.5%) |
| Vacant Housing Units | 273 (15.8%) |
| Median Home Value | $172,500 |
| Average Home Value | $214,461 |
Residential
1,368
Single Family
1,368
Multi-Family
0
Businesses
92
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: David Mullis • Keach & Grove Real Estate, LLC
Mls Name: IRMLS
Mls ID: #202531483
