8128 Kepley Drive NE #9New SalisburyIN47161
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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
Rental property for sale in New Salisbury at 8128 Kepley Drive NE #9, New Salisbury, IN, 47161 generates $2,623/mo in rent and, after a $1,370/mo payment, leaves $943/mo in cash flow. Total monthly income is $2,623/mo, and annual cash flow is $11,313/yr on $92,787 invested. Return on cash invested sits at 32.1% in year one, and rental yield is 11.25% on a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 167.99% and total cumulative return in cash sums $155,869. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,623/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47161, New Salisbury, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,525 (100%) |
| Owner Occupied HU | 1,218 (79.9%) |
| Renter Occupied HU | 216 (14.2%) |
| Vacant Housing Units | 91 ( 6.0%) |
| Median Home Value | $230,131 |
| Average Home Value | $264,865 |
Housing Distribution
Address Breakdown
Residential
1,489
Single Family
1,489
Multi-Family
0
Businesses
43
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Listed by: Eric Watkins • Watkins Real Estate Solutions
Mls Name: SIRA
Mls ID: #202605284