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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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No similar rental properties found nearby.
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in New Salisbury at The TK Basement Plan, Kepley Fields, New Salisbury, IN, 47161 offers $0/mo rent that, after a $1,546/mo payment. Total monthly income is $0/mo. Return on cash invested measures -1.82% in year one, and rental yield stands at 0% at a $315,900 entry. Equity gained on principal adds $2,038/yr while 5% annual appreciation compounds into $87,277 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $1,546/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A 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 |
|---|---|---|
| 2025-06-20 | Listed for sale | $315,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
Listed by: N/A • Steve Thieneman Builders
Mls Name: Steve Thieneman Builders
Mls Provider:
Mls ID: #N/A
