203 W Jackson StMulberryIN46058
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
Investment Highlights
Investment property for sale in Mulberry at 203 W Jackson St, Mulberry, IN, 46058 with 5% annual appreciation on a $285,000 basis while $1,849/mo rent supports operations. Total monthly income totals $1,849/mo and a $1,395/mo payment preserves $138/mo for cash returns. Annual cash flow comes to $1,657/yr on $94,478 deployed, and return on cash invested reaches 21.66% in year one. Equity gained on principal adds $1,839/yr, and five-year appreciation sums $78,740 alongside rental yield of 7.79%. Five-year ROI measures 112.06% and total cumulative return in cash totals $105,870.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,849/mo property income versus a $1,395/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1890
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46058, Mulberry, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 900 (100%) |
| Owner Occupied HU | 669 (74.3%) |
| Renter Occupied HU | 139 (15.4%) |
| Vacant Housing Units | 92 (10.2%) |
| Median Home Value | $241,164 |
| Average Home Value | $344,062 |
Housing Distribution
Address Breakdown
Residential
517
Single Family
489
Multi-Family
28
Businesses
34
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jazah J Jones • BerkshireHathaway HS IN Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202519987
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.