54743 Salem Farms CtOsceolaIN46561
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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
Investment Highlights
Investment property for sale in Osceola at 54743 Salem Farms Ct, Osceola, IN, 46561 offers a 7.38% rental yield on a $645,000 purchase with $3,969/mo rent. Total monthly income registers $3,969/mo, and a $3,157/mo payment leaves $97/mo available for distribution. Annual cash flow reaches $1,165/yr on $212,205 to close, and return on cash invested stands at 20.61% in year one. Equity gained on principal adds $4,162/yr while 5% annual appreciation supports $178,202 over five years. Portfolio math shows five-year ROI at 106.34% and total cumulative return in cash at $225,664. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,969/mo property income against a $3,157/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46561, Osceola, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,010 (100%) |
| Owner Occupied HU | 4,235 (84.5%) |
| Renter Occupied HU | 635 (12.7%) |
| Vacant Housing Units | 140 ( 2.8%) |
| Median Home Value | $240,395 |
| Average Home Value | $253,345 |
Housing Distribution
Address Breakdown
Residential
5,366
Single Family
5,366
Multi-Family
0
Businesses
260
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Listed by: Paul W Thurston • Open Door Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202532215
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.