7900 Meyer LoopSellersburgIN47172
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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
Rental property for sale in Sellersburg at 7900 Meyer Loop, Sellersburg, IN, 47172 priced at $264,900 converts $1,799/mo rent into $208/mo cash flow after a $1,297/mo obligation. Total monthly income equals $1,799/mo, and annual cash flow totals $2,501/yr on $87,814 invested. Return on cash invested prints 22.76% in year one, and rental yield reads 8.15% against a $264,900 entry. Equity gained on principal adds $1,709/yr, while 5% annual appreciation compiles into $73,187 by year five. Five-year ROI reaches 117.9% and total cumulative return in cash sums $103,532. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,799/mo property income covering a $1,297/mo payment, not borrower’s personal income.
Single Family
Built in 2017
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: Jared Housier • Southern Homes Realty
Mls Name: SIRA
Mls ID: #2025012904