Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Salem at 573 N Abbott Lane, Salem, IN, 47167 at $185,000 posts ROI 36.32% with $839/mo cash flow from $1,949/mo rent. Total monthly income equals $1,949/mo, and annual cash flow records $10,068/yr on $61,328 to close. Return on cash invested measures 36.32% and rental yield reads 12.64% at the current $185,000. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 by year five. Five-year ROI prints 190.63% and total cumulative return in cash totals $116,907.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,949/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2002
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47167, Salem, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,825 (100%) |
| Owner Occupied HU | 4,832 (70.8%) |
| Renter Occupied HU | 1,431 (21.0%) |
| Vacant Housing Units | 562 ( 8.2%) |
| Median Home Value | $184,381 |
| Average Home Value | $231,011 |
Residential
6,703
Single Family
6,562
Multi-Family
141
Businesses
505
Date | Event | Price |
|---|---|---|
| 2024-12-16 | Sold | $185,000 |
| 2024-11-20 | Pending sale | $179,900 |
| 2024-10-22 | Price change | $179,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $897.00 | 6.87% | $132,600 | 11.06% |
| 2023-10-24 | $839.30 | 21.07% | $119,400 | 9.44% |
| 2022-10-24 | $693.24 | 37.01% | $109,100 | 20.02% |
Listed by: Mark A. Day • The Day Company REALTORS
Mls Name: SIRA
Mls Provider:
Mls ID: #2024010823
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.
