518 Linden Dr, Spiceland, IN 47385

3 bd · 1 ba · 1,248 sqft · built 1955 · Spiceland · SINGLE_FAMILY·source listing ↗

$264,900

$269,900 first listed

seller intel

Price cut

−1.8%

from $269,900

Motivation score

13/100

OnePercent model (vv1)$1,864/mo

p10–p90 confidence band

HUD Fair Market Rent · 47385 · 3BR$1,150/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Henry

Flood risk indexRelatively Low FEMA NRI

Median household income$103,406

Median area rent$739/mo

Median home value$211,200

the verdict

0.70%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$264,900

0.70% · rent $1,864

Intrinsic value · income approach

$168,939

57% above intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.