111 N Jefferson StNorth LibertyIN46554
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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 North Liberty at 111 N Jefferson St, North Liberty, IN, 46554 priced at $299,900 converts $2,219/mo rent into $419/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,219/mo, and annual cash flow totals $5,023/yr on $99,417 invested. Return on cash invested prints 24.96% in year one, and rental yield reads 8.88% against a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation compiles into $82,857 by year five. Five-year ROI reaches 129.7% and total cumulative return in cash sums $128,944. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,219/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 1889
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46554, North Liberty, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,789 (100%) |
| Owner Occupied HU | 1,418 (79.3%) |
| Renter Occupied HU | 269 (15.0%) |
| Vacant Housing Units | 102 ( 5.7%) |
| Median Home Value | $254,967 |
| Average Home Value | $298,828 |
Housing Distribution
Address Breakdown
Residential
1,334
Single Family
1,334
Multi-Family
0
Businesses
89
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Listed by: Peter F Gillis, IV • Gillis Realty,Peter F. Gillis & Assoc.,LLC
Mls Name: IRMLS
Mls ID: #202528281