5244 Folsomville Degonia Rd, Tennyson, IN, 47637 | $718/mo Cash Flow

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5244 Folsomville Degonia Rd, Tennyson, IN, 47637 | $718/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 Tennyson at 5244 Folsomville Degonia Rd, Tennyson, IN, 47637 listed at $415,000 pairs $3,209/mo rent with a $2,031/mo payment to leave $718/mo cash flow. Total monthly income runs $3,209/mo, and annual cash flow reaches $8,616/yr on $137,573 cash to close. Return on cash invested measures 26.17% in year one, and rental yield registers 9.28% at a $415,000 basis. Equity gained on principal adds $2,678/yr, and annual property appreciation at 5% supports $114,657 by year five. Five-year ROI tracks 136.21% and total cumulative return in cash totals $187,389. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,209/mo property income relative to a $2,031/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1992

2.50 Acres lot

$N/A/sqft

No HOA

More details about the property

Escape the hustle and bustle and enjoy the beauty of rural living in this spacious home nestled on 2.5 picturesque acres of tree-lined heaven. Surrounded by an abundance of mature trees, this property offers the perfect blend of comfort, functionality, and limitless natural beauty. Enjoy a serene wooded backdrop, a walkout basement, and picturesque views from nearly every window! Inside, the main level features a large Kitchen with a breakfast bar that opens to the inviting Living Room, complete with a bay window and cozy fireplace. A Formal Dining Room offers the perfect space for gatherings, while a charming Sitting Room/Mud Room off the Kitchen adds convenience and character. The spacious main-level Master Suite includes a luxurious Master bath with a jetted tub, separate shower, dual vanity, and two walk-in closets. Step out onto your own private balcony and take in the peaceful setting while enjoying your morning cup of coffee or evening sunset. Upstairs, youll find two oversized bedroomseach with generous walk-in closetsconnected by a shared Jack and Jill bathroom. The walkout basement provides endless possibilities and includes abundant storage space, a beautiful fireplace with brick mantel, and built in shelves. Additional highlights include a main-level Laundry Room, a large covered front porch, and plenty of curb appeal. Car enthusiasts or hobbyists will love the attached 2.5-car garage with attic storage and the detached 2.5-car garage that includes an office area, workshop, and lean-to across the back. With its blend of open space, thoughtful design, and peaceful natural surroundings, this property offers the best of country living with modern comfort. Ideally located only minutes from restaurants, grocery stores, churches, banks and other local amenities!

Neighborhood Data

Neighborhood data shown for ZIP Code: 47637, Tennyson, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	590 (100%)
Owner Occupied HU	461 (78.1%)
Renter Occupied HU	72 (12.2%)
Vacant Housing Units	57 ( 9.7%)
Median Home Value	$239,912
Average Home Value	$269,517