8960 Turkey Farm Road NWNew 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
Investment property for sale in New salisbury at 8960 Turkey Farm Road NW, New salisbury, IN, 47161 earns from $1,910/mo rent with a $6,118/mo payment. Total monthly income totals $1,910/mo. ROI tracks 3.8% on current figures, and rental yield reads 1.83% at a $1,250,000 purchase. Equity gained on principal adds $8,066/yr, and 5% annual appreciation supports $345,352 over five years. Five-year ROI reaches 16.1% and total cumulative return in cash sums $65,185. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,910/mo property income instead of your personal income.
Single Family
Built in 1952
66.24 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: Mary McCoskey Finkle • Mainstreet REALTORS
Mls Name: SIRA
Mls ID: #202508570