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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% |
Rental property for sale in New Salisbury at 9255 Highway 135 NE, New Salisbury, IN, 47161 generates $2,039/mo in rent and, after a $1,155/mo payment, leaves $623/mo in cash flow. Total monthly income is $2,039/mo, and annual cash flow is $7,471/yr on $78,201 invested. Return on cash invested sits at 29.46% in year one, and rental yield is 10.37% on a $235,900 entry. Equity gained on principal adds $1,522/yr, while 5% annual appreciation builds toward $65,175 over five years. Five-year ROI reaches 153.85% and total cumulative return in cash sums $120,311. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,039/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
0.60 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 |
|---|---|---|
| 2025-04-16 | Listed for sale | $235,900 |
| 2015-09-28 | Sold | $127,000 |
| 2013-01-11 | Sold | $119,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-17 | $1080.76 | 0.74% | $204,700 | 9.35% |
| 2023-04-17 | $1072.80 | 12.94% | $187,200 | 8.90% |
| 2022-04-17 | $949.86 | 10.06% | $171,900 | 11.05% |
Listed by: Presley Vanover • Schuler Bauer Real Estate Services ERA Powered (N
Mls Name: SIRA
Mls Provider:
Mls ID: #202507278
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.
