627 Lane AvenueSellersburgIN47172
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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 Sellersburg at 627 Lane Avenue, Sellersburg, IN, 47172 offers a 9.46% rental yield on a $229,000 purchase with $1,805/mo rent. Total monthly income registers $1,805/mo, and a $1,121/mo payment leaves $430/mo available for distribution. Annual cash flow reaches $5,162/yr on $75,914 to close, and return on cash invested stands at 26.71% in year one. Equity gained on principal adds $1,478/yr while 5% annual appreciation supports $63,268 over five years. Portfolio math shows five-year ROI at 139.11% and total cumulative return in cash at $105,605. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,805/mo property income against a $1,121/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
8,398 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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Listed by: Staci Flispart • Lopp Real Estate Brokers
Mls Name: SIRA
Mls ID: #2025010284