1830 Jackson StFortvilleIN46040
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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
Investment property for sale in Fortville at 1830 Jackson St, Fortville, IN, 46040 uses $135,882 cash to close to unlock $6,428/yr annual cash flow and $536/mo monthly cash flow. Total monthly income runs $2,996/mo, and a $2,006/mo payment keeps the spread at $536/mo. Purchase price stands at $409,900, and rental yield measures 8.77% with $2,996/mo rent. Return on cash invested shows 24.64% in year one, and 5% annual appreciation builds toward $113,248 over five years. Five-year ROI reaches 127.97% and total cumulative return in cash records $173,884. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,996/mo property income covering a $2,006/mo payment rather than investor’s personal income.
Single Family
Built in 2022
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46040, Fortville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,759 (100%) |
| Owner Occupied HU | 5,701 (84.3%) |
| Renter Occupied HU | 808 (12.0%) |
| Vacant Housing Units | 250 ( 3.7%) |
| Median Home Value | $441,068 |
| Average Home Value | $493,644 |
Housing Distribution
Address Breakdown
Residential
6,553
Single Family
6,502
Multi-Family
51
Businesses
264
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