8171 Wagner Avenue NE #55New 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
Total monthly income runs $0/mo, and a $1,458/mo payment. Purchase price stands at $297,900, and rental yield measures 0% with $0/mo rent. Return on cash invested shows -1.87% in year one, and 5% annual appreciation builds toward $82,304 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $0/mo property income covering a $1,458/mo payment rather than investor’s personal income.
Single Family
Built in 2025
9,147 sqft lot
$N/A/sqft
$50 annually 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 Provider:
Mls ID: #202508002
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.