5280 S Macadam Dr, Poland, IN, 47868 | Equity Gain $1,839/yr

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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5280 S Macadam Dr, Poland, IN, 47868 | Equity Gain $1,839/yr | Ziffy

For Sale

Airbnb Potential

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 Poland at 5280 S Macadam Dr, Poland, IN, 47868 offers a 0% rental yield on a $285,000 purchase with $0/mo rent. 82% in year one. Equity gained on principal adds $1,839/yr while 5% annual appreciation supports $78,740 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,395/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1955

6,534 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to 5280 S Macadam Dr, a beautifully renovated 2-bedroom, 2-bath home tucked away near Cataract Lake. This property has undergone a complete transformation over the last couple of years with all new log siding, updated interiors, and modern finishes throughout. The spacious concrete driveways and parking areas provide plenty of room for vehicles, boats, and guests, while the inviting deck offers the perfect place to relax and enjoy the wooded surroundings. Inside, you'll find warm log cabin charm paired with modern updates, including a fully remodeled kitchen with new appliances, stylish bathrooms, and comfortable living spaces filled with natural light. The home backs up to Army Corps of Engineers property, giving you privacy and a natural setting right out your back door. While the property itself does not offer direct water access, the Cataract Lake boat ramp is just 0.4 miles down the road, making it easy to enjoy boating, fishing, and all the recreation the lake has to offer. Whether you're looking for a full-time residence, a weekend getaway, or an investment property, this move-in ready home combines rustic appeal with modern convenience in a peaceful lake setting.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47868, Poland, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,492 (100%)
Owner Occupied HU	994 (66.6%)
Renter Occupied HU	202 (13.5%)
Vacant Housing Units	296 (19.8%)
Median Home Value	$171,488
Average Home Value	$208,556