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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% |
Total monthly income runs $1,726/mo, and a $1,340/mo payment. Purchase price stands at $273,800, and rental yield measures 7.56% with $1,726/mo rent. Return on cash invested shows 19.88% in year one, and 5% annual appreciation builds toward $75,646 over five years. Five-year ROI reaches 102.92% and total cumulative return in cash records $93,414. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,726/mo property income covering a $1,340/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47167, Salem, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,825 (100%) |
| Owner Occupied HU | 4,832 (70.8%) |
| Renter Occupied HU | 1,431 (21.0%) |
| Vacant Housing Units | 562 ( 8.2%) |
| Median Home Value | $184,381 |
| Average Home Value | $231,011 |
Residential
6,703
Single Family
6,562
Multi-Family
141
Businesses
505
Date | Event | Price |
|---|---|---|
| 2025-10-12 | Listing removed | $1,250 |
| 2025-10-07 | Listed for rent | $1,250 |
| 2025-09-22 | Listing removed | $1,250 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-17 | $3286.00 | 11.16% | $181,900 | 10.71% |
| 2023-10-17 | $2956.00 | 9.89% | $164,300 | 11.16% |
| 2022-10-17 | $2690.00 | 5.99% | $147,800 | 9.89% |
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A
