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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 Solsberry at 9352 N Newark Rd, Solsberry, IN, 47459 generates $1,714/mo in rent and, after a $1,321/mo payment, leaves $94/mo in cash flow. Total monthly income is $1,714/mo, and annual cash flow is $1,126/yr on $89,472 invested. Return on cash invested sits at 21.17% in year one, and rental yield is 7.62% on a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 109.34% and total cumulative return in cash sums $97,830. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,714/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
1.47 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47459, Solsberry, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,476 (100%) |
| Owner Occupied HU | 1,148 (77.8%) |
| Renter Occupied HU | 155 (10.5%) |
| Vacant Housing Units | 173 (11.7%) |
| Median Home Value | $262,500 |
| Average Home Value | $281,529 |
Residential
1,519
Single Family
1,519
Multi-Family
0
Businesses
23
Date | Event | Price |
|---|---|---|
| 2025-01-27 | Sold | $269,900 |
| 2024-07-24 | Listed for sale | $274,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $1267.44 | -10.81% | $139,400 | 0.94% |
| 2023-10-22 | $1421.00 | 6.04% | $138,100 | -2.81% |
| 2022-10-22 | $1340.00 | -2.12% | $142,100 | 6.04% |
Listed by: Natalie Utnage • Utnage Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202427664
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.
