109 S Jefferson StHamletIN46532
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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 Hamlet at 109 S Jefferson St, Hamlet, IN, 46532 priced at $179,900 pairs $1,753/mo rent with $673/mo cash flow after a $881/mo payment. Total monthly income equals $1,753/mo, and annual cash flow comes to $8,071/yr on $59,637 invested. Return on cash invested is 33.44% in year one, and rental yield stands at 11.69% on a $179,900 basis. Equity gained on principal adds $1,161/yr, and 5% annual appreciation accumulates to $49,703 by year five. Five-year ROI measures 175.22% and total cumulative return in cash reaches $104,493. For financing, Ziffy Mortgage’s DSCR program evaluates $1,753/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1976
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46532, Hamlet, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 792 (100%) |
| Owner Occupied HU | 587 (74.1%) |
| Renter Occupied HU | 146 (18.4%) |
| Vacant Housing Units | 59 ( 7.4%) |
| Median Home Value | $163,750 |
| Average Home Value | $201,116 |
Housing Distribution
Address Breakdown
Residential
566
Single Family
566
Multi-Family
0
Businesses
43
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