912 S County Road 550 ESelmaIN47383
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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 Selma at 912 S County Road 550 E, Selma, IN, 47383 listed at $165,900 pairs $1,468/mo rent with a $812/mo payment to leave $472/mo cash flow. Total monthly income runs $1,468/mo, and annual cash flow reaches $5,665/yr on $54,996 cash to close. Return on cash invested measures 30.21% in year one, and rental yield registers 10.62% at a $165,900 basis. Equity gained on principal adds $1,071/yr, and annual property appreciation at 5% supports $45,835 by year five. Five-year ROI tracks 157.94% and total cumulative return in cash totals $86,862. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,468/mo property income relative to a $812/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
1.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47383, Selma, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,127 (100%) |
| Owner Occupied HU | 911 (80.8%) |
| Renter Occupied HU | 143 (12.7%) |
| Vacant Housing Units | 73 ( 6.5%) |
| Median Home Value | $218,720 |
| Average Home Value | $239,391 |
Housing Distribution
Address Breakdown
Residential
1,014
Single Family
1,014
Multi-Family
0
Businesses
40
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Listed by: Jenny Lash • RE/MAX Real Estate Groups
Mls Name: IRMLS
Mls Provider:
Mls ID: #202537255
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.