








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 956 S Snowball Ln, Santa Claus, IN, 47579 listed at $415,000 pairs $2,640/mo rent with a $2,031/mo payment to leave $106/mo cash flow. Total monthly income runs $2,640/mo, and annual cash flow reaches $1,273/yr on $137,573 cash to close. Return on cash invested measures 20.83% in year one, and rental yield registers 7.63% at a $415,000 basis. Equity gained on principal adds $2,678/yr, and annual property appreciation at 5% supports $114,657 by year five. Five-year ROI tracks 107.71% and total cumulative return in cash totals $148,185. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,640/mo property income relative to a $2,031/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
0.28 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 |
|---|---|---|
| 2025-07-16 | Sold | $415,000 |
| 2025-06-18 | Pending sale | $429,900 |
| 2025-05-21 | Listed for sale | $429,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Jacob Winkler • Key Associates Signature Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202518750
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.