9370 S Horner Chapel RoadReelsvilleIN46171
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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 Reelsville at 9370 S Horner Chapel Road, Reelsville, IN, 46171 listed at $324,900 pairs $0/mo rent with a $1,590/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -1.82% in year one, and rental yield registers 0% at a $324,900 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,764 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $1,590/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
14.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46171, Reelsville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 863 (100%) |
| Owner Occupied HU | 710 (82.3%) |
| Renter Occupied HU | 81 ( 9.4%) |
| Vacant Housing Units | 72 ( 8.3%) |
| Median Home Value | $258,738 |
| Average Home Value | $302,792 |
Housing Distribution
Address Breakdown
Residential
776
Single Family
776
Multi-Family
0
Businesses
14
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No similar rental properties found nearby.
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Listed by: Rob Gaines • Keller Williams Realty Consultants
Mls Name: SIRA
Mls Provider:
Mls ID: #202509555
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.