North Salem, IN — Rental Investment Analysis

🔴WEAKappreciation play only

Cap Rate

3.0%

Below average

Monthly Cash Flow

-$998

After all expenses

Price-to-Rent

17.5

Overpriced for rent

DSCR

0.47

Fails

📊 Key Metrics

Median Home Price
$351,258
Average Rent (3BR)
$1,670/mo
Price-to-Rent Ratio
17.5(high)
1% Rule
0.48%(fails — need 1%+)
Cash-on-Cash Return
-14.8%
Vacancy Rate
8.0%

📈 Market Strength

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

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🏘️ Best Zip Codes in North Salem for Investors

46165
Cap Rate: 3.0%Cash Flow: -$998/mo$351,258
46165
Cap Rate: 3.0%Cash Flow: -$998/mo$351,258

All Zip Codes in North Salem

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
461653.0%-$998$351,258$1,670/mo0.47
461653.0%-$998$351,258$1,670/mo0.47