12873 W State Road 48JasonvilleIN47438
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 12873 W State Road 48, Jasonville, IN, 47438 in Jasonville at $274,000 earns $1,720/mo in rent and nets $75/mo after the $1,232/mo payment, a 7.53% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $75,701 over five years. Ziffy Mortgage underwrites this on a 1.40 DSCR without U.S. credit history. With $2,524/yr in principal paydown, total projected return reaches $108,562.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 6.0% |
| Monthly Cash Flow | $75 | $1,200 |
City averages based on Jasonville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,720 |
| Total Monthly Debt Service | $1,536 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1954
5 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
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
Single Family
Built in 1954
5 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A