7608 Joseph 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
Investment property for sale in Sellersburg at 7608 Joseph Drive, Sellersburg, IN, 47172 uses $97,759 cash to close to unlock $8,138/yr annual cash flow and $678/mo monthly cash flow. Total monthly income runs $2,448/mo, and a $1,443/mo payment keeps the spread at $678/mo. Purchase price stands at $294,900, and rental yield measures 9.96% with $2,448/mo rent. Return on cash invested shows 28.23% in year one, and 5% annual appreciation builds toward $81,475 over five years. Five-year ROI reaches 147.27% and total cumulative return in cash records $143,971. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,448/mo property income covering a $1,443/mo payment rather than investor’s personal income.
Single Family
Built in 2010
8,712 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: Tristan Callaway • Ward Realty Services
Mls Name: SIRA
Mls ID: #2025012920