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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 Shelburn at TRACT 2 N County Road 850 E, Shelburn, IN, 47879 listed at $100,000 pairs $0/mo rent with a $489/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -1.8% in year one, and rental yield registers 0% at a $100,000 basis. Equity gained on principal adds $645/yr, and annual property appreciation at 5% supports $27,628 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $489/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Lot
Built in N/A
15 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47879, Shelburn, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,381 (100%) |
| Owner Occupied HU | 955 (69.2%) |
| Renter Occupied HU | 272 (19.7%) |
| Vacant Housing Units | 154 (11.2%) |
| Median Home Value | $129,265 |
| Average Home Value | $151,958 |
Residential
1,294
Single Family
1,294
Multi-Family
0
Businesses
56
Date | Event | Price |
|---|---|---|
| 2024-10-07 | Price change | $100,000 |
| 2024-08-29 | Listed for sale | $110,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
Listed by: Delmar W Wagler • Integrity Realty Group LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202433194
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.
