Ellington Plan, Hamilton MajorShelbyvilleIN46176
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Shelbyville at Ellington Plan, Hamilton Major, Shelbyville, IN, 46176 earns $415/mo cash flow from $2,252/mo rent with a $1,498/mo payment. Total monthly income totals $2,252/mo, and annual cash flow totals $4,978/yr on $101,436 capital. ROI tracks 24.82% on current figures, and rental yield reads 8.83% at a $305,990 purchase. Equity gained on principal adds $1,975/yr, and 5% annual appreciation supports $84,539 over five years. Five-year ROI reaches 128.91% and total cumulative return in cash sums $130,760. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,252/mo property income instead of your personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46176, Shelbyville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,985 (100%) |
| Owner Occupied HU | 7,772 (59.9%) |
| Renter Occupied HU | 4,166 (32.1%) |
| Vacant Housing Units | 1,047 ( 8.1%) |
| Median Home Value | $192,419 |
| Average Home Value | $222,027 |
Housing Distribution
Address Breakdown
Residential
12,248
Single Family
11,467
Multi-Family
781
Businesses
1,027
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Davis Homes
Mls Name: Davis Homes
Mls Provider:
Mls ID: #N/A