15069 W 500 NJasonvilleIN47438
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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
Total monthly income runs $660/mo, and a $1,077/mo payment. Purchase price stands at $220,000, and rental yield measures 3.6% with $660/mo rent. Return on cash invested shows 9.04% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 44.34% and total cumulative return in cash records $32,339. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $660/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Manufactured
Built in 1987
4.77 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: Kegan Inman • Inman Realty Company LLC
Mls Name: IRMLS
Mls ID: #202529326