116 N Park AveJasonvilleIN47438
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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
Investment property for sale in Jasonville at 116 N Park Ave, Jasonville, IN, 47438 listed at $229,000 pairs $1,295/mo rent with a $1,121/mo payment. Total monthly income runs $1,295/mo. Return on cash invested measures 18.65% in year one, and rental yield registers 6.79% at a $229,000 basis. Equity gained on principal adds $1,478/yr, and annual property appreciation at 5% supports $63,268 by year five. Five-year ROI tracks 95.88% and total cumulative return in cash totals $72,785. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,295/mo property income relative to a $1,121/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47438, Jasonville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,920 (100%) |
| Owner Occupied HU | 1,282 (66.8%) |
| Renter Occupied HU | 417 (21.7%) |
| Vacant Housing Units | 221 (11.5%) |
| Median Home Value | $108,130 |
| Average Home Value | $143,028 |
Housing Distribution
Address Breakdown
Residential
1,864
Single Family
1,837
Multi-Family
27
Businesses
81
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Listed by: Robert E Hunley • Hunley Real Estate, Inc.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513953
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.