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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% |
Investment property for sale in New Salisbury at 8230 Shady Estates Circle NE, New Salisbury, IN, 47161 uses $119,009 cash to close to unlock $3,169/yr annual cash flow and $264/mo monthly cash flow. Total monthly income runs $2,419/mo, and a $1,757/mo payment keeps the spread at $264/mo. Purchase price stands at $359,000, and rental yield measures 8.09% with $2,419/mo rent. Return on cash invested shows 22.57% in year one, and 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 116.91% and total cumulative return in cash records $139,135. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,419/mo property income covering a $1,757/mo payment rather than investor’s personal income.
Single Family
Built in 2000
1.57 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47161, New Salisbury, IN area.
| 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 |
Residential
1,489
Single Family
1,489
Multi-Family
0
Businesses
43
Date | Event | Price |
|---|---|---|
| 2025-05-27 | Listed for sale | $359,000 |
| 2021-11-19 | Listing removed | N/A |
| 2021-10-09 | Listed for sale | $299,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-28 | $2340.24 | 13.84% | $342,000 | 4.01% |
| 2023-05-28 | $2055.68 | 62.81% | $328,800 | 17.47% |
| 2022-05-28 | $1262.62 | -0.49% | $279,900 | 50.16% |
Listed by: Kim Kraft • Berkshire Hathaway HomeServices Parks & Weisberg R
Mls Name: SIRA
Mls Provider:
Mls ID: #202508301
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.
