873 S Herald CirSanta ClausIN47579
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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
Investment property for sale in Santa Claus at 873 S Herald Cir, Santa Claus, IN, 47579 earns from $1,164/mo rent with a $1,076/mo payment. Total monthly income totals $1,164/mo. ROI tracks 15.69% on current figures, and rental yield reads 6.35% at a $219,900 purchase. Equity gained on principal adds $1,419/yr, and 5% annual appreciation supports $60,754 over five years. Five-year ROI reaches 80.6% and total cumulative return in cash sums $58,756. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,164/mo property income instead of your personal income.
Single Family
Built in 1970
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47579, Santa Claus, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,237 (100%) |
| Owner Occupied HU | 1,022 (82.6%) |
| Renter Occupied HU | 105 ( 8.5%) |
| Vacant Housing Units | 110 ( 8.9%) |
| Median Home Value | $257,373 |
| Average Home Value | $291,761 |
Housing Distribution
Address Breakdown
Residential
1,048
Single Family
1,048
Multi-Family
0
Businesses
86
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Listed by: Kara Hinshaw • Key Associates Signature Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202511073
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.