75 E Mistletoe DrSanta ClausIN47579
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 Santa Claus at 75 E Mistletoe Dr, Santa Claus, IN, 47579 uses $142,214 cash to close to unlock $8,125/yr annual cash flow and $677/mo monthly cash flow. Total monthly income runs $3,343/mo, and a $2,100/mo payment keeps the spread at $677/mo. Purchase price stands at $429,000, and rental yield measures 9.35% with $3,343/mo rent. Return on cash invested shows 25.62% in year one, and 5% annual appreciation builds toward $118,525 over five years. Five-year ROI reaches 133.53% and total cumulative return in cash records $189,901. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,343/mo property income covering a $2,100/mo payment rather than investor’s personal income.
Single Family
Built in 2008
0.65 Acres lot
$N/A/sqft
$1,030 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47579, Santa Claus, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,237 (100%) |
| Owner Occupied HU | 1,022 (82.6%) |
| Renter Occupied HU | 105 ( 8.5%) |
| Vacant Housing Units | 110 ( 8.9%) |
| Median Home Value | $257,373 |
| Average Home Value | $291,761 |
Housing Distribution
Address Breakdown
Residential
1,048
Single Family
1,048
Multi-Family
0
Businesses
86
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Trae Dauby • Dauby Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202531068
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.