Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Santa Claus at 946 W Shepherds Ln, Santa Claus, IN, 47579 with 5% annual appreciation on a $200,000 basis while $1,452/mo rent supports operations. Total monthly income totals $1,452/mo and a $979/mo payment preserves $128/mo for cash returns. Annual cash flow comes to $1,537/yr on $66,300 deployed, and return on cash invested reaches 22.23% in year one. Equity gained on principal adds $1,291/yr, and five-year appreciation sums $55,256 alongside rental yield of 8.71%. Five-year ROI measures 115.9% and total cumulative return in cash totals $76,844.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,452/mo property income versus a $979/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1958
0.44 Acres lot
$N/A/sqft
$515 annually HOA
Neighborhood data shown for ZIP Code: 47579, Santa Claus, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,237 (100%) |
| Owner Occupied HU | 1,022 (82.6%) |
| Renter Occupied HU | 105 ( 8.5%) |
| Vacant Housing Units | 110 ( 8.9%) |
| Median Home Value | $257,373 |
| Average Home Value | $291,761 |
Residential
1,048
Single Family
1,048
Multi-Family
0
Businesses
86
Date | Event | Price |
|---|---|---|
| 2025-03-13 | Listed for sale | $200,000 |
| 2021-06-20 | Listing removed | N/A |
| 2021-06-17 | Price change | $1,100 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-14 | $2623.72 | 29.31% | $158,500 | 12.41% |
| 2023-03-14 | $2029.08 | 8.07% | $141,000 | 7.31% |
| 2022-03-14 | $1877.54 | -5.54% | $131,400 | 23.03% |
Listed by: Kara Hinshaw • Key Associates Signature Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202507980
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.
