520 S Shady Ln, Austin, IN, 47102 | $360/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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520 S Shady Ln, Austin, IN, 47102 | $360/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Austin at 520 S Shady Ln, Austin, IN, 47102 offers a 9% rental yield on a $239,900 purchase with $1,800/mo rent. Total monthly income registers $1,800/mo, and a $1,174/mo payment leaves $360/mo available for distribution. Annual cash flow reaches $4,321/yr on $79,527 to close, and return on cash invested stands at 25.34% in year one. Equity gained on principal adds $1,548/yr while 5% annual appreciation supports $66,280 over five years. Portfolio math shows five-year ROI at 131.8% and total cumulative return in cash at $104,815. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,800/mo property income against a $1,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1970

10,454 sqft lot

$N/A/sqft

No HOA

More details about the property

Completely Reimagined & Beautifully Updated! Welcome to 520 S Shady Ln, where modern design meets peaceful country charm! This 3-bedroom, 3-bathroom home has been taken down to the studs and rebuilt with a fresh, updated layout-offering the look and feel of new construction! Step inside to discover high-end finishes throughout, a spacious master suite, and two bedrooms with their own attached baths-perfect for family or guests. The inviting formal dining room is ideal for gatherings, while the laundry room, attached garage, and covered front and back porches add everyday convenience and comfort. Situated at the end of a quiet dead-end street, this home offers a peaceful country feel while still being close to town. A storage shed provides extra space for tools and toys. This stunning remodel is the one you've been waiting for-turnkey, tasteful, and truly move-in ready!

Neighborhood Data

Neighborhood data shown for ZIP Code: 47102, Austin, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,141 (100%)
Owner Occupied HU	1,881 (59.9%)
Renter Occupied HU	992 (31.6%)
Vacant Housing Units	268 ( 8.5%)
Median Home Value	$160,398
Average Home Value	$189,765