203 W Paulette AveGastonIN47342
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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 Gaston at 203 W Paulette Ave, Gaston, IN, 47342 at $141,600 posts ROI 38.97% with $746/mo cash flow from $1,627/mo rent. Total monthly income equals $1,627/mo, and annual cash flow records $8,949/yr on $46,940 to close. Return on cash invested measures 38.97% and rental yield reads 13.79% at the current $141,600. Equity gained on principal adds $914/yr, and 5% annual appreciation supports $39,121 by year five. Five-year ROI prints 205.15% and total cumulative return in cash totals $96,297.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,627/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47342, Gaston, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,186 (100%) |
| Owner Occupied HU | 917 (77.3%) |
| Renter Occupied HU | 165 (13.9%) |
| Vacant Housing Units | 104 ( 8.8%) |
| Median Home Value | $167,609 |
| Average Home Value | $197,410 |
Housing Distribution
Address Breakdown
Residential
774
Single Family
774
Multi-Family
0
Businesses
41
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