8507 Plum Run DriveSellersburgIN47172
Nearby investment properties with comparable rents
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 8507 Plum Run Drive, Sellersburg, IN, 47172 priced at $368,600 converts $2,885/mo rent into $645/mo cash flow after a $1,804/mo obligation. Total monthly income equals $2,885/mo, and annual cash flow totals $7,740/yr on $122,191 invested. Return on cash invested prints 26.24% in year one, and rental yield reads 9.39% against a $368,600 entry. Equity gained on principal adds $2,379/yr, while 5% annual appreciation compiles into $101,837 by year five. Five-year ROI reaches 136.7% and total cumulative return in cash sums $167,037. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,885/mo property income covering a $1,804/mo payment, not borrower’s personal income.
Single Family
Built in 2002
0.26 Acres lot
$N/A/sqft
$75 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Linda LaPilusa • Schuler Bauer Real Estate Services ERA Powered (N
Mls Name: SIRA
Mls Provider:
Mls ID: #2024011450
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.