13808 N County Road 500 WJasonvilleIN47438
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play13808 N County Road 500 W, Jasonville, IN, 47438 in Jasonville is priced for appreciation, not yield. Rental yield 0.79%. At $999,000 with a 0.79% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $276,005 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.15) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $34,574.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0.8% | 6.0% |
| Monthly Cash Flow | $(5,337) | $1,200 |
City averages based on Jasonville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $660 |
| Total Monthly Debt Service | $5,599 |
| DSCR Ratio | 0.12x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2011
11.80 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 2011
11.80 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: Michelle Armstrong • Encore Sotheby's International
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22069123