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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Santa Claus at 761 S Sled Run, Santa Claus, IN, 47579 offers a 11.36% rental yield on a $275,500 purchase with $2,609/mo rent. Total monthly income registers $2,609/mo, and a $1,348/mo payment leaves $914/mo available for distribution. Annual cash flow reaches $10,963/yr on $91,328 to close, and return on cash invested stands at 31.91% in year one. Equity gained on principal adds $1,778/yr while 5% annual appreciation supports $76,116 over five years. Portfolio math shows five-year ROI at 167.19% and total cumulative return in cash at $152,688. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,609/mo property income against a $1,348/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
0.40 Acres lot
$N/A/sqft
$505 annually HOA
Neighborhood data shown for ZIP Code: 47579, Santa Claus, IN area.
| 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 |
Residential
1,048
Single Family
1,048
Multi-Family
0
Businesses
86
Date | Event | Price |
|---|---|---|
| 2024-10-03 | Listed for sale | $275,500 |
| 2020-10-08 | Sold | $169,000 |
| 2019-10-01 | Listing removed | $169,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $1164.42 | -2.28% | $187,800 | 10.15% |
| 2022-10-15 | $1191.58 | 3.59% | $170,500 | 7.84% |
| 2021-10-15 | $1150.30 | 13.30% | $158,100 | 8.44% |
Listed by: Cynthia Bowman • ERA FIRST ADVANTAGE REALTY, INC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202438313
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.
