521 S Cardinal Lane, Scottsburg, IN, 47170 | $647/mo Cash Flow

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521 S Cardinal Lane, Scottsburg, IN, 47170 | $647/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 Scottsburg at 521 S Cardinal Lane, Scottsburg, IN, 47170 earns $647/mo cash flow from $2,148/mo rent with a $1,224/mo payment. Total monthly income totals $2,148/mo, and annual cash flow totals $7,763/yr on $82,875 capital. ROI tracks 29.28% on current figures, and rental yield reads 10.31% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 152.83% and total cumulative return in cash sums $126,658. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,148/mo property income instead of your personal income.

Single Family

Built in 1973

0.91 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 521 S Cardinal Ln, a charming 3-bedroom, 2-bath brick and vinyl home situated on a beautiful 0.91-acre lot in Scottsburg, IN. Priced at $250,000, this property offers the perfect blend of space, comfort, and convenience. Inside, youll find a bright and welcoming layout with generous living areas, a functional kitchen, and comfortable bedrooms. The primary suite includes its own private bath, creating a peaceful retreat. With its solid brick/vinyl construction, this home provides durability and low maintenance for years to come. Step outside to enjoy nearly an acre of open spaceideal for gardening, outdoor activities, or future expansion. The property offers plenty of room to spread out while still being close to local schools, shopping, and amenities. Move-in ready and full of potential, this home is an excellent opportunity in a quiet, desirable area of Scottsburg.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47170, Scottsburg, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,833 (100%)
Owner Occupied HU	4,256 (62.3%)
Renter Occupied HU	1,960 (28.7%)
Vacant Housing Units	617 ( 9.0%)
Median Home Value	$185,872
Average Home Value	$216,799