16 Jefferson ValleyCoatesvilleIN46121
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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 Coatesville at 16 Jefferson Valley, Coatesville, IN, 46121 offers $1,771/mo rent that, after a $2,936/mo payment. Total monthly income is $1,771/mo. Return on cash invested measures 8.93% in year one, and rental yield stands at 3.54% at a $599,900 entry. Equity gained on principal adds $3,871/yr while 5% annual appreciation compounds into $165,741 by year five. Five-year ROI records 43.73% and total cumulative return in cash reaches $86,308. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,771/mo property income versus a $2,936/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46121, Coatesville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,575 (100%) |
| Owner Occupied HU | 2,049 (79.6%) |
| Renter Occupied HU | 225 ( 8.7%) |
| Vacant Housing Units | 301 (11.7%) |
| Median Home Value | $278,704 |
| Average Home Value | $333,669 |
Housing Distribution
Address Breakdown
Residential
2,236
Single Family
2,236
Multi-Family
0
Businesses
54
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Listed by: Chris Harcourt • RE/MAX Cornerstone
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22055830