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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Solsberry at 5537 N Britton Rd, Solsberry, IN, 47459 uses $103,793 cash to close to unlock $2,160/yr annual cash flow and $180/mo monthly cash flow. Total monthly income runs $2,059/mo, and a $1,532/mo payment keeps the spread at $180/mo. Purchase price stands at $313,100, and rental yield measures 7.89% with $2,059/mo rent. Return on cash invested shows 21.99% in year one, and 5% annual appreciation builds toward $86,504 over five years. Five-year ROI reaches 113.75% and total cumulative return in cash records $118,065. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,059/mo property income covering a $1,532/mo payment rather than investor’s personal income.
Single Family
Built in 1960
1.75 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47459, Solsberry, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,476 (100%) |
| Owner Occupied HU | 1,148 (77.8%) |
| Renter Occupied HU | 155 (10.5%) |
| Vacant Housing Units | 173 (11.7%) |
| Median Home Value | $262,500 |
| Average Home Value | $281,529 |
Residential
1,519
Single Family
1,519
Multi-Family
0
Businesses
23
Date | Event | Price |
|---|---|---|
| 2025-03-06 | Sold | $313,100 |
| 2024-10-14 | Price change | $314,900 |
| 2024-09-07 | Listed for sale | $329,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $1879.00 | -20.96% | $182,100 | 0.77% |
| 2023-10-22 | $2377.34 | 4.77% | $180,700 | -2.85% |
| 2022-10-22 | $2269.20 | -1.82% | $186,000 | 8.20% |
Listed by: Micah Heath • Keller Williams - Indy Metro South LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202434593
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.
