114 Jackson Way, Charlestown, IN, 47111 | $315/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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114 Jackson Way, Charlestown, IN, 47111 | $315/mo Cash Flow | Ziffy

Off market

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Charlestown at 114 Jackson Way, Charlestown, IN, 47111 listed at $179,200 pairs $1,441/mo rent with a $877/mo payment to leave $315/mo cash flow. Total monthly income runs $1,441/mo, and annual cash flow reaches $3,785/yr on $59,405 cash to close. Return on cash invested measures 26.28% in year one, and rental yield registers 9.65% at a $179,200 basis. Equity gained on principal adds $1,156/yr, and annual property appreciation at 5% supports $49,510 by year five. Five-year ROI tracks 137.19% and total cumulative return in cash totals $81,498. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,441/mo property income relative to a $877/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2018

3,920 sqft lot

$N/A/sqft

$50 monthly HOA

More details about the property

This neighborhood is age restricted. 2 Bedroom, 1 bath pocket home located in the Charming Villas of Springville Manor. This home is only a couple years old. The owner has added and upgraded many features to the home including; carpet and pad was an upgrade during Construction. The bathroom has a walk in shower with a bench, this was also an upgrade during construction. There are very few homes in this area that have the walk in shower unit. The seller added recessed lighting and hanging lights over the sink. The added storm door lets in nature daylight. Freshly painted 10 months ago. This neighborhood is age restricted. Mowing and yard maintenance are part of your $50.00 monthly HOA Fee. Stove, Refrigerator, and Dishwasher are 11 months old and stay with the property.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47111, Charlestown, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,557 (100%)
Owner Occupied HU	5,646 (74.7%)
Renter Occupied HU	1,388 (18.4%)
Vacant Housing Units	523 ( 6.9%)
Median Home Value	$285,076
Average Home Value	$316,322