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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 New Salisbury at 990 W Whiskey Run Road NE, New Salisbury, IN, 47161 listed at $179,900 pairs $1,079/mo rent with a $881/mo payment. Total monthly income runs $1,079/mo. Return on cash invested measures 19.88% in year one, and rental yield registers 7.2% at a $179,900 basis. Equity gained on principal adds $1,161/yr, and annual property appreciation at 5% supports $49,703 by year five. Five-year ROI tracks 102.48% and total cumulative return in cash totals $61,113. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,079/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47161, New Salisbury, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,525 (100%) |
| Owner Occupied HU | 1,218 (79.9%) |
| Renter Occupied HU | 216 (14.2%) |
| Vacant Housing Units | 91 ( 6.0%) |
| Median Home Value | $230,131 |
| Average Home Value | $264,865 |
Residential
1,489
Single Family
1,489
Multi-Family
0
Businesses
43
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Tina Browning • Green Tree Real Estate Services
Mls Name: SIRA
Mls ID: #2025012610
