740 S Forrest DriveSellersburgIN47172
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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 740 S Forrest Drive, Sellersburg, IN, 47172 offers $2,737/mo rent that, after a $2,002/mo payment, leaves $282/mo cash flow. Total monthly income is $2,737/mo, and annual cash flow is $3,380/yr on $135,584 cash. Return on cash invested measures 22.4% in year one, and rental yield stands at 8.03% at a $409,000 entry. Equity gained on principal adds $2,639/yr while 5% annual appreciation compounds into $112,999 by year five. Five-year ROI records 115.98% and total cumulative return in cash reaches $157,245. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,737/mo property income versus a $2,002/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
0.80 Acres 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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Nearby investment properties with comparable prices
Listed by: William Kramer • JPAR Aspire
Mls Name: SIRA
Mls ID: #2025012996