105 W Jefferson StKirklinIN46050
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Kirklin at 105 W Jefferson St, Kirklin, IN, 46050 offers $1,327/mo rent that, after a $832/mo payment, leaves $307/mo cash flow. Total monthly income is $1,327/mo, and annual cash flow is $3,679/yr on $56,355 cash. Return on cash invested measures 26.44% in year one, and rental yield stands at 9.37% at a $170,000 entry. Equity gained on principal adds $1,097/yr while 5% annual appreciation compounds into $46,968 by year five. Five-year ROI records 137.64% and total cumulative return in cash reaches $77,565. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,327/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46050, Kirklin, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 732 (100%) |
| Owner Occupied HU | 564 (77.0%) |
| Renter Occupied HU | 117 (16.0%) |
| Vacant Housing Units | 51 ( 7.0%) |
| Median Home Value | $276,596 |
| Average Home Value | $289,025 |
Housing Distribution
Address Breakdown
Residential
557
Single Family
557
Multi-Family
0
Businesses
44
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