614 Pennsylvania AveSellersburgIN47172
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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
Rental property for sale in Sellersburg at 614 Pennsylvania Ave, Sellersburg, IN, 47172 priced at $215,000 converts $1,939/mo rent into $649/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,939/mo, and annual cash flow totals $7,785/yr on $71,273 invested. Return on cash invested prints 30.83% in year one, and rental yield reads 10.82% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 161.18% and total cumulative return in cash sums $114,877. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,939/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 1970
8,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47172, Sellersburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,462 (100%) |
| Owner Occupied HU | 6,699 (79.2%) |
| Renter Occupied HU | 1,398 (16.5%) |
| Vacant Housing Units | 365 ( 4.3%) |
| Median Home Value | $271,284 |
| Average Home Value | $290,171 |
Housing Distribution
Address Breakdown
Residential
8,461
Single Family
8,291
Multi-Family
170
Businesses
514
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