7834 Shellflower RdCanneltonIN47520
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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 Cannelton at 7834 Shellflower Rd, Cannelton, IN, 47520 at $210,000 posts ROI 24.17% with $247/mo cash flow from $1,508/mo rent. Total monthly income equals $1,508/mo, and annual cash flow records $2,967/yr on $69,615 to close. Return on cash invested measures 24.17% and rental yield reads 8.62% at the current $210,000. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 by year five. Five-year ROI prints 125.5% and total cumulative return in cash totals $87,364.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,508/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
9 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47520, Cannelton, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,558 (100%) |
| Owner Occupied HU | 934 (59.9%) |
| Renter Occupied HU | 387 (24.8%) |
| Vacant Housing Units | 237 (15.2%) |
| Median Home Value | $218,750 |
| Average Home Value | $251,004 |
Housing Distribution
Address Breakdown
Residential
1,481
Single Family
1,319
Multi-Family
162
Businesses
65
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