14530 Jacobi Street NEPalmyraIN47164
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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 Palmyra at 14530 Jacobi Street NE, Palmyra, IN, 47164 generates $1,819/mo in rent and, after a $1,140/mo payment, leaves $421/mo in cash flow. Total monthly income is $1,819/mo, and annual cash flow is $5,049/yr on $77,240 invested. Return on cash invested sits at 26.45% in year one, and rental yield is 9.37% on a $233,000 entry. Equity gained on principal adds $1,504/yr, while 5% annual appreciation builds toward $64,374 over five years. Five-year ROI reaches 137.67% and total cumulative return in cash sums $106,333. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,819/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47164, Palmyra, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,602 (100%) |
| Owner Occupied HU | 1,200 (74.9%) |
| Renter Occupied HU | 292 (18.2%) |
| Vacant Housing Units | 110 ( 6.9%) |
| Median Home Value | $230,747 |
| Average Home Value | $244,842 |
Housing Distribution
Address Breakdown
Residential
1,490
Single Family
1,490
Multi-Family
0
Businesses
69
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Listed by: Cathy Jackson • Schuler Bauer Real Estate Services ERA Powered (N
Mls Name: SIRA
Mls Provider:
Mls ID: #2025010222
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.