7245 Highway 335 NENew SalisburyIN47161
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 New Salisbury at 7245 Highway 335 NE, New Salisbury, IN, 47161 listed at $550,000 pairs $2,405/mo rent with a $2,692/mo payment. Total monthly income runs $2,405/mo. Return on cash invested measures 14.11% in year one, and rental yield registers 5.25% at a $550,000 basis. Equity gained on principal adds $3,549/yr, and annual property appreciation at 5% supports $151,955 by year five. Five-year ROI tracks 71.49% and total cumulative return in cash totals $129,370. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,405/mo property income relative to a $2,692/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1986
3.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47161, New Salisbury, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,525 (100%) |
| Owner Occupied HU | 1,218 (79.9%) |
| Renter Occupied HU | 216 (14.2%) |
| Vacant Housing Units | 91 ( 6.0%) |
| Median Home Value | $230,131 |
| Average Home Value | $264,865 |
Housing Distribution
Address Breakdown
Residential
1,489
Single Family
1,489
Multi-Family
0
Businesses
43
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jordan Rajchel • Keller Williams Louisville
Mls Name: SIRA
Mls ID: #202509290