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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% |
Investment property for sale in Springville at 957 S Strauser Rd, Springville, IN, 47462 offers a 0% rental yield on a $154,900 purchase with $0/mo rent. 82% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,796 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $758/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47462, Springville, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,250 (100%) |
| Owner Occupied HU | 1,864 (82.8%) |
| Renter Occupied HU | 230 (10.2%) |
| Vacant Housing Units | 156 ( 6.9%) |
| Median Home Value | $254,428 |
| Average Home Value | $300,248 |
Residential
2,018
Single Family
2,018
Multi-Family
0
Businesses
47
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
Listed by: Lesa Miller • RE/MAX Acclaimed Properties
Mls Name: IRMLS
Mls ID: #202543823
