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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 Shoals at Off Abel Hl, Shoals, IN, 47581 listed at $169,900 pairs $1,345/mo rent with a $832/mo payment to leave $325/mo cash flow. Total monthly income runs $1,345/mo, and annual cash flow reaches $3,896/yr on $56,322 cash to close. Return on cash invested measures 26.83% in year one, and rental yield registers 9.5% at a $169,900 basis. Equity gained on principal adds $1,096/yr, and annual property appreciation at 5% supports $46,940 by year five. Five-year ROI tracks 139.71% and total cumulative return in cash totals $78,686. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,345/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2021
31.75 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47581, Shoals, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,723 (100%) |
| Owner Occupied HU | 1,165 (67.6%) |
| Renter Occupied HU | 285 (16.5%) |
| Vacant Housing Units | 273 (15.8%) |
| Median Home Value | $172,500 |
| Average Home Value | $214,461 |
Residential
1,368
Single Family
1,368
Multi-Family
0
Businesses
92
Date | Event | Price |
|---|---|---|
| 2024-10-03 | Listed for sale | $169,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Zach Holt • Whitetail Properties Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202438349
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.
